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Reply to "Why do people hate new builds?"
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[quote=Anonymous]In many areas, it is illegal to tear down an existing single family home (or group of homes) and replace it with new townhomes or multifamily, to "preserve the neighborhood character" However it is perfectly legal to tear down an existing home and replace it with a new and vastly larger home. In areas with high land values, and demand for sq feet, this creates a massive bias towards lots of very large SFH's. Since such homes also change the character of the neighborhood, it is essentially a loophole, and one might even argue a hidden subsidy for large new SFHs. It is interesting how many people claim a free market ideology, but have no problem with the zoning laws that ban TH's and multifamily, even in places close to metro stations. [/quote]
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