Re:Liberalizing Land Use Regulations: The Case of Houston (2...
by jjav on Tuesday May 04, 2021 @08:50PM
(#27044758)
> the value of one unit of housing isn't much of a loss when you're replacing it with 50 units on the same land.
While there are many spots where this may make sense, I'm sure glad this hasn't been a universal approach. There are many neighborhoods with wonderful centuries-old homes, these are often the most desirable areas to life because the areas have character. Not everything has to be constantly torn up to build cheap apartments.
> Most people would take the $350,000 profit, move into the condo and sell their existing home to the developer to make into more condos.
Most people seems like a stretch. I'd imagine most people who have opted into a house have zero interest in going back to a condo.
While there are many spots where this may make sense, I'm sure glad this hasn't been a universal approach. There are many neighborhoods with wonderful centuries-old homes, these are often the most desirable areas to life because the areas have character. Not everything has to be constantly torn up to build cheap apartments.
> Most people would take the $350,000 profit, move into the condo and sell their existing home to the developer to make into more condos.
Most people seems like a stretch. I'd imagine most people who have opted into a house have zero interest in going back to a condo.