Posted Aug 15, 2016, 6:50 PM
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Registered User
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Join Date: May 2007
Location: Austin
Posts: 3,432
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Quote:
Originally Posted by jbssfelix
Explain to me how continued development in your "now gentrified" area from densification and urbanization somehow destroys your home value? Very few builders/developers are interested in the SFH that you've purchased, nor is that were the value lies. The $$ is in the land, and as development continues and the area continues to add value, your land/home value will also continue to rise accordingly. Having a mixed-use multi-story on the corner a block away from your SFH not only doesn't hurt your investment, it often adds to it by bringing walkability, retail options, and additional character to the neighborhood.
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Amen to that!!
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