The hold-out resident can just sell the land to a developer who will build something denser than a single family home. Then as a condition of the sale, the res

The hold-out resident can just sell the land to a developer who will build something denser than a single family home. Then as a condition of the sale, the resident will own a unit in the new building. I see it all the time. There is some office building with a weird looking residential unit on the top floor. The resident gets residual rent income together with the developer. New residents take advantage of increased supply of housing and commercial space. It is a win-win-win.