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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The word your looking for is empathy.
A less judgemental discussion of how some folks might dare to want to keep the neigborhood they bought in. They are allowed.
FYI: I live in a very dense area... highrise, etc..... but I would still fight to make sure development out my window benefited my building and my value.
Any homeowner is a NYMBY at some point.
You have to be.
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