Reply to Alexandria on the Cusp of Eliminating All SFH Zoning

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you think the price of your home is going to jump because of this, I have a bridge to sell you.

That's just something they say to placate homeowners terrified that some developer is going to build a monstrosity next door to them. [/quote]

Tell yourself that, but you couldn’t be more wrong. Builders aren't nonprofits and don’t build homes at a loss. The price of building materials have skyrocketed. Windows alone cost 25% more this year.

Anything that goes up (SFH/TH/Condos) will demand a higher-than-ever before sales price that makes the builder whole and then some.

[/quote]

You're missing the point. The point is that builders are not going to suddenly pay a lot more to buy your house just because the zoning laws change. That's all wishful thinking.[/quote]

Home value increases will be incremental. No one said everyone got a $200k bump overnight. Also, builders don’t purchase homes unless the particular property is in need of updating or demolition. There has to be an opportunity to improve and profit. They aren’t your standard buyer.[/quote]

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