I still don't follow. The NIMBY retiree would have to sell their property to presumably someone with a lot more capital than them to be able to build an apartme

I still don't follow. The NIMBY retiree would have to sell their property to presumably someone with a lot more capital than them to be able to build an apartment building. If you are referring to tenants possibly being lower socioeconomic status than the previous owner.. that isn't redistribution. If anything its the opposite, since now the property owner is probably a corporation