4 ms·
It's actually about people not wanting the largest investment of their life to change in ways they don't like.
by baggy_trough 9mo ago
It's actually about people not wanting the largest investment of their life to change in ways they don't like.
- only-one1701 9mo ago“I invested a lot of money in something and my ROI is literally more important than anything else.”
- baggy_trough 9mo agoI think the ROI criticism is generally off the mark. Most homeowners that resist rezoning, etc. are concerned about quality of life issues rather than home values (although those are aligned if significantly lower quality of life reduces home values). For example, the idea that I'd benefit if my area was upzoned because I could sell my home/land for much more doesn't appeal to me at all. I don't want to sell my home, and I don't want the neighborhood to change around me in a way that I would eventually want to.
- only-one1701 9mo agoCool
- volkercraig 9mo agoOk, and?
- yardie 9mo agoTrying to find the amendment in the bill of rights that guarantees your investment will go up. Can you point it out to me?
- volkercraig 9mo agoTrying to find the amendment where you aren't allowed to advocate for your own interests.
- iamnothere 9mo agoYou’re allowed to advocate for your own interests, but there are limits to what you’re actually allowed to accomplish with that advocacy. At least in the US. You can’t just pass laws to confiscate the wealth of your political opponents, for instance. You can advocate for it (free speech), you just can’t do it.
- baggy_trough 9mo agoWhy should I? I said nothing about my investment going up.
- AlexandrB 9mo ago"House as investment" is a terrible outcome of the North American housing market.
- alistairSH 9mo agoTwo comments about this... - "Housing as investment" might not be the best policy - Side effect of above, people have strong incentive to ignore all the negative externalities caused by that policy (ie, sprawl and lots of car mileage when society would better with more compact towns)