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Devil’s advocate: they did. 50+ years ago they moved to a sleepy suburban town that through no fault of their own became a center of a worldwide tech revolution
by lovecg 4y ago
Devil’s advocate: they did. 50+ years ago they moved to a sleepy suburban town that through no fault of their own became a center of a worldwide tech revolution. Things change, sometimes dramatically. A place in the country you move to today can also transform 50 years in the future if you’re unlucky.
- arcticbull 4y agoThere's no right to be free from change. You may need to keep moving around if you're after a specific ethos or aesthetic on the land you don't own. Your early arrival shouldn't have permanent supremacy over your neighbors plot of land. Don't want a building there? Buy the land. Can't afford it? Prepare some welcome gifts for your new neighbors.
- whymauri 4y agoNot sure if I'd consider an unprecedented explosion in property-based generational wealth unlucky...
- JumpCrisscross 4y ago> they did They didn’t. If they bought the block, or easements on it, they would have. But they bought a plot. Others bought adjacent plots. Now they’re arguing they get to tell the adjacent plots what they can and cannot do.
- whiddershins 4y agoThat was the deal at the time they bought it, and priced in.
- costigan 4y agoThat may have been the purchaser's expectation, but their deal was with the seller (and bank), not the community in general. In none of the legal papers I signed when purchasing my home was any arrangement with the city constraining future construction nearby. That's done with my vote (so without much effect) and any political action I can spur.
- CydeWeys 4y agoDevil's devil's advocate: The world is not static. No one can reasonably expect nothing to change over the course of half a century. The only constant is change itself, and you have to deal with changing situations. Maybe it made sense as farmland 50 years ago, but if it makes sense as apartment blocks now, by God put apartment blocks on it then. The collective value to all those new tenants massively outweighs the downside to the single existing landowner (who stands to make a huge payday anyway!).
- snordgren 4y agoAnd at the cost of the character of their neighborhood changing, their property valuation rose to the point that they can now live almost wherever they would like to. Countless people have to see their neighborhood change without the financial windfall they got.