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>"I own property here, and if we do this, the value of my property will fall. Therefore, we shouldn't do it". Everyone acts like this is about value as money,
by 6gvONxR4sf7o 7y ago
>"I own property here, and if we do this, the value of my property will fall. Therefore, we shouldn't do it".
Everyone acts like this is about value as money, but it isn't. The value comes from a variety of factors. If you started pouring sewage into my bedroom, you can bet the value of my place is going to fall, and that's why I'd be strongly opposed to it, but it's not about the money. The dollar value would fall because it'd make it a worse place to live, which is the real cause of the objections. The dollar value going down is (often) a symptom, not a cause.