Where has development dropped prices like that? The densest places in the US have some of the most expensive land and property values. Even if it's old and cru

Where has development dropped prices like that? The densest places in the US have some of the most expensive land and property values. Even if it's old and crumbling. People do development to increase the value of land. It's practically in the name. The core opposition to development is all about "character of the neighborhood" and resistance to change. The value of land in SF is more likely to go down if they drive too many people out, than if it becomes even denser and bustling.