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> No property owner benefits from land value increasing until after they have sold said property. Great, so we can stop worrying about things that might hurt p
by mullingitover 7y ago
> No property owner benefits from land value increasing until after they have sold said property.
Great, so we can stop worrying about things that might hurt property values?
- jelliclesfarm 7y agoI don’t know what you mean exactly?
- spoonie 7y agoThey mean we can stop worrying about those homeowners who oppose an apartment building being built near them on the basis that it reduces property values. Because if the drop in values doesn’t hurt them until they sell then they have no right to complain about property values today when the apartment is built.