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> For most Americans, A house is their primary savings account, retirement plan, and probably where they keep majority of their wealth. If you allow for increa
by zozbot234 8mo ago
> For most Americans, A house is their primary savings account, retirement plan, and probably where they keep majority of their wealth.
If you allow for increases in density, that house (actually the land beneath it, but still.) becomes more valuable as it's redeveloped. So that American homeowner does benefit, by unlocking the upside of "evil gentrification" (or actually, density increase).
- aurareturn 8mo agoThat can only happen if the higher density coincides with equal economic growth in the neighborhood. Otherwise, the higher density could result in a negative home valuation trend. Given the above uncertainty, and higher density could result in more traffic, noise, crime, nymbys are likely taking the correction position for wealth preservation and quality of life.
- zozbot234 8mo ago"Traffic" doesn't come from higher density, it comes from zoning bans on mixed-use neighborhoods which force people to drive everywhere. The "crime" argument is especially silly: why assume that higher density only ever attracts criminals? Usually, having more people around is a positive.
- ambicapter 8mo agoYou can assume higher density has "more crime" because the increase in people means if you want to keep the same absolute rate of crimes (which is the only thing people ever notice--every violent or sexual crime will be repeated in the news), you have to correspondingly increase the efficiency of crime-fighting, and American police aren't up to the task, even if they were motivated to do so.
- deleted 8mo ago[deleted]