2 ms·
Theoretically, sure. In reality, people have invested a lot of money in housing and want to preserve that investment. I recall a time in Seattle where the mayor
by aschearer 4y ago
Theoretically, sure. In reality, people have invested a lot of money in housing and want to preserve that investment. I recall a time in Seattle where the mayor and city council proposed removing most of the zoning restrictions in the city. Within weeks course was reversed[1]. Personally, I think it was a good proposal, but it's hard to convince homeowners to give an inch. While I think that's bad for society, I can't blame people for looking out for one of their largest investments.
[1]: https://www.seattletimes.com/seattle-news/politics/mayor-murray-withdraws-proposal-to-allow-more-density-in-single-family-zones/ https://www.seattletimes.com/seattle-news/politics/mayor-mur...