Rent stabilization *encourages* slums. |
Well, you're welcome to provide evidence to support your assertion. But more generally, are you the PP who said "Every single time the govt tries to get deeper and deeper into markets it makes things worse, because the law of unintended consequences always takes over.", and if so, do you support abolishing zoning restrictions, which is the government getting into markets? Or, if you support continued highly-restrictive zoning, why is highly-restrictive zoning an exception to your statement that "Every single time the govt tries to get deeper and deeper into markets it makes things worse, because the law of unintended consequences always takes over."? |
I am the poster you’re responding to. We moved to our neighborhood because there were many families here who are black and brown, which was important to us. I have close family that are POC. Our “crappy cape cod”, as you put it, was what we saved 10 years to buy - a decade - and no, having an apartment building next door will not help our home value. You know this which is why you have to resort to degrading me and my home to try and make your point. You just proved that the whole “YIMBY” movements is driven by developers who want to humiliate people like me to believe that unless I comply where their exploitation of middle and working class neighborhoods, I am an elitist/racist. Your post is so gross and awful. |
THIS! I am a Brown person and also live in a ‘crappy Cape Cod’ that we saved hard for because we really wanted a SFH. I feel the same as this PP. |
This is the truth. |
How are you being humiliated? Because an anonymous poster is insulting an architectural style of housing, which - I guess? - is the style of housing you own and live in? I am not that poster, and I actually don't have anything against cape cods. The architectural style of housing I have an animus for is split levels, especially split foyers. None of that has anything to do with the proposed zoning changes, though. |
You are completely naive. They are counting on your lack of deeper knowledge. |
Suggesting people are racist and degrading the quality of the home they saved for and bought as “crappy” simply because they want to preserve their home value and the nature of their neighborhood seems pretty mean spirited with the intent of humiliation to me. So interesting the people who want to tell middle class and working class people who bought homes in middle class and working class neighborhoods that they need to be more open to developers otherwise they are racists is master maniputiom. |
Some anonymous rando makes an insulting comment about Cape Cod houses - whose property values will most likely increase, not decrease, with the zoning changes - and you conclude that it's developers trying to get the zoning changes passed by calling middle class and working class people racist? Your home value will most likely increase with the zoning changes. The nature of your neighborhood will change with or without the zoning changes. Your neighborhood was changing before you moved in, it is changing right now, and it will continue to change even if the current zoning is engraved on stone tablets. |
It is very possible that the property values decrease if the neighborhood becomes less desirable most buyers in the market. Then the developers swoop in like vultures and buy the properties at lower prices which hastens the decline and this causes the cycle to accelerate. It is not guaranteed to increase the value and it can actually lower it if the rezoning decreases the desirability for most buyers. |
Generally, when developers swoop in, prices go up, not down. Or maybe people will take advantage of the lower prices to buy homes to live in. Unless they're outbid by developers? But again, that would make prices go up, not down. |
There is no evidence that home prices go up when developers swoop in, especially when we’re talking the results of this development can include over capacity schools (already an issue in the county), streets with no parking for residents (already an issue for my neighborhood), and overtaxed infrastructure. You’re giving entitled YIMBY and developer talking points, and dismissing and disparaging the current owners of homes in these areas - middle class, working class, black, and brown - as racists simply because want to preserve the neighborhood they bought into. |
The complete lack of ability to make any predictions about the outcomes of these actions make is very clear that we shouldn’t be moving forward with them. Problem is, it’s not about housing, it’s some childish battle over an imagined “exclusionary” zoning policy. It makes them big sad that everyone can’t live everywhere. We really should be reaching out to the Spanish speaking community to make sure that they aren’t being sold some white libertarian YIMBY version of events. |
Eh? There are lots of predictions, which indicates that there is an ability to make predictions. Also it actually is about housing. Can everyone live everywhere? No. The issue is that it's bad housing policy for government to decree that there is only one allowable housing type, in most parts of the county. |
There is lots of evidence. Not to mention, here is your scenario: Lots of people/companies (developers) arrive who have money to buy property and want to buy property in a given area; as a result of this, prices decline. It's an extraordinary claim, and it needs extraordinary evidence to support it. |