4 ms·
> As long as existing homeowners are incentivized to drive up the price of their home, none of our housing supply woes are likely to change. I'm not sure it's
by cheriot 7y ago
> As long as existing homeowners are incentivized to drive up the price of their home, none of our housing supply woes are likely to change.
I'm not sure it's that logical. If you own land and tomorrow it's upzoned to allow more density, the value increases immediately. Once the density creates enough foot traffic to support cafes and restaurants in a walkable space the value goes up again.
People are stuck on the idea that urban means blight so they need to zoning rules to keep out "the riff raff".