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And then you're free to sell your property and move somewhere more suitable to your preferences (should you be able to afford to do so). If you're in a neighbou
by theluketaylor 5y ago
And then you're free to sell your property and move somewhere more suitable to your preferences (should you be able to afford to do so). If you're in a neighbourhood that has increasing density it's worth more thanks to infrastructure investment and new opportunities.
Buying a house doesn't grant you permanent rights to freeze the entire block for all time, otherwise why do property deeds have boundaries? The north american housing crises is almost entirely the result of many decades of terrible zoning laws, but we've let it fester so long it's going to take a lot more than just zoning fixes to get out of it.
Real estate in most areas is one of the least free markets you can participate in and I'd love to see neighbour-power reduced to almost nothing so that cities can grow organically again. If people really want single family homes that's fine, but the full and true cost needs to be priced into that purchase. Current zoning laws have productive urban areas massively subsidizing unproductive suburban ones.
I live in a single family home near a downtown. My street should be way more dense than it is and I look forward to that happening. If the neighbourhood character ever changes enough to the point I don't like living here anymore I'll sell and move somewhere else. I own my property, but that shouldn't give me any real sway over what is on the adjoining lot.