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Sibling comment covers this, but to expand: it decreases the overall price of units of housing, not of land. Which is ultimately what matters here, because we l
by ryukafalz 3y ago
Sibling comment covers this, but to expand: it decreases the overall price of units of housing, not of land. Which is ultimately what matters here, because we live in houses or apartments or condos, not in square feet of land.
I could not have afforded the plot of land my first city apartment was on, but I could afford an apartment in the building!
- bradleyjg 3y agoBut the incumbent single family homeowners that are so opposed to upzoning currently own both land and a housing unit. While upzoning might make the value of their housing unit go down the value of their land will go up.
- hiAndrewQuinn 3y agoFor this reason it would be best to allow single family homeowners to be able to vote on the zoning policies of whichever side of the city is exactly opposite and ideally non-adjacent to them. Single family homes for me, affordable high rises for thee. (The dead center can be rezoned to high scale commercial as a kind of urban Switzerland.)