If a builder is allowed to build a 10 story apartment building in the middle of a street zoned residential, single-family, then that builder has enriched himself by stealing value from the surrounding property owners. Those property owners bought with the assurance from local government that the character of the surrounding area will not…
If a builder is allowed to build a 10 story apartment building in the middle of a street zoned residential, single-family, then that builder has enriched himself by stealing value from the surrounding property owners. Those property owners bought with the assurance from local government that the character of the surrounding area will not drastically change. There has to be some sort of compensation for this, doesn't there? There has always been eminent domain power, but that is usually only used for public commons projects.
There is plenty of room in the United States to build housing, that is easy to see by driving around in it. The problem is that the so many want to live in places that are already occupied, and the newcomers want to move in at less than the going rate.
"There is plenty of room in the United States to build housing, that is easy to see by driving around in it."
how exactly is this allowed on your account, though? did rural homeowners not also buy their property "with the assurance from local government that the character of the surrounding area will not drastically change?" if they bought their house because they liked that it abutted acres of undeveloped forest, or their closest neighbor was three miles away, are developers building in rural areas not also "enriching [themselves] by stealing the value from the surrounding property owners" when they clear the forest to put in a subdivision, or when they build a house between those two houses three miles apart? if we're taking your account in full seriousness, development doesn't seem like it should be allowed anywhere.
american cities are not especially dense by global standards, so the idea that they are presently too full to pursue a level of housing supply commensurate with housing demand does not seem possible to justify on the basis of any principle besides "fuck you, got mine"
If a builder is allowed to build a 10 story apartment building in the middle of a street zoned residential, single-family, then that builder has enriched himself by stealing value from the surrounding property owners. Those property owners bought with the assurance from local government that the character of the surrounding area will not drastically change. There has to be some sort of compensation for this, doesn't there? There has always been eminent domain power, but that is usually only used for public commons projects.
There is plenty of room in the United States to build housing, that is easy to see by driving around in it. The problem is that the so many want to live in places that are already occupied, and the newcomers want to move in at less than the going rate.
"There is plenty of room in the United States to build housing, that is easy to see by driving around in it."
how exactly is this allowed on your account, though? did rural homeowners not also buy their property "with the assurance from local government that the character of the surrounding area will not drastically change?" if they bought their house because they liked that it abutted acres of undeveloped forest, or their closest neighbor was three miles away, are developers building in rural areas not also "enriching [themselves] by stealing the value from the surrounding property owners" when they clear the forest to put in a subdivision, or when they build a house between those two houses three miles apart? if we're taking your account in full seriousness, development doesn't seem like it should be allowed anywhere.
american cities are not especially dense by global standards, so the idea that they are presently too full to pursue a level of housing supply commensurate with housing demand does not seem possible to justify on the basis of any principle besides "fuck you, got mine"