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I wouldn’t necessarily say it’s entirely selfish. Why do people feel homeowners should effectively subsidize development by letting their value tank? There can
by bmitc 4y ago
I wouldn’t necessarily say it’s entirely selfish. Why do people feel homeowners should effectively subsidize development by letting their value tank?
There can be a lot of selfish, not in my backyard type of behavior, but I think blaming homeowners is not effective.
Most people owning homes these days are having to put everything they have into being able to afford it, and they’re effectively forced to do that due to the market, skyrocketing and ultimately unaffordable rents with terrible living standards, schools, etc. Turning around and tanking their value due to some mega corp wanting to slap an apartment building down isn’t a good strategy.
A lot of urban “designers” just want to put apartments everywhere, but it isn’t a good strategy. It certainly isn’t organic. And most modern apartment buildings are built as cheaply as possible.
- ajmurmann 4y ago> Why do people feel homeowners should effectively subsidize development by letting their value tank? How does subsidization come into this? Just relax the zoning, make it simple to get permits and stop blocking everything at community meetings. > A lot of urban “designers” just want to put apartments everywhere, but it isn’t a good strategy. It certainly isn’t organic Agreed. The planning and homogenous construction that gets often pushed for is a problem. This in part can be addressed by smaller parcels. Order Without Design, book and podcast, go into this and how some cities solved it. Somehow real estate and housing tempts everyone to throw out all the lessons we learned from communism about the perils of central planning.