South Carolina Business Review

NIMBY vs YIMBY affecting housing development in S.C.

By Mike Switzer

Published December 12, 2024 at 6:30 AM EST

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Ray Wrenn, founder of The Wrenn Group in Charleston, S.C.

As the need for affordable housing grows, so does the classic conflict of NIMBY vs YIMBY. You know, “Not in my backyard” or “Yes, in my backyard”. And all of this affects developers and their business plans. Mike Switzer interviews Ray Wrenn, founder of The Wrenn Group in Charleston, S.C.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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