> If people are investing and building new units in a neighborhood, it is usually improving it, which makes it more desirable I'd argue that most people in th

> If people are investing and building new units in a neighborhood, it is usually improving it, which makes it more desirable I'd argue that most people in the US don't want to live next to giant apartment complexes, even if they themselves already live in one. People like sun, and skylines, and space. An attractive, well maintained apartment building that has parking for all it's residents in an area that's not too crowded doesn't have to hurt the neighborhood, but it's not going to make it more desirable. At best it just accommodates the people who already want to live there.