Reply to MoCo “Attainable Housing” plan and property values

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t wanna upzone because of progressive values. I want to upzone because I am a libertarian that believes in minimal zoning. Zoning is literally big government telling me what to do with my property. We need to abolish zoning short of industrial facilities. No reason commercial needs to be separated from residential. The corner store ideal and all the wonderful neighborhood interactions are dead thanks to zoning. The suburbs killed society and everybody is too alienated because they have to drive everywhere[/quote]

Alright, well have fun with your libertarian utopia. I'm sure you will love it when you are unable to sleep at night because of noise pollution and your property smell like marijuana due to the halfway house next door. Unlimited property rights cost everyone else in the community from negative externalities. If you eliminate zoning and let people do whatever they want, you are going to have problems with school overcrowding, traffic, there will be increased flooding excessive impervious surfaces, etc. There needs to be some balance between individual property rights and impact on the community.[/quote]
Negative externalities are something you can put a price on, and mitigate accordingly. [/quote]

Theoretically yes, but it usually doesn't work this way in practice.  Oftentimes, it is not possible require developers to cover the full cost of negative externalities because there are constitutional restrictions on impact fees charged by municipalities. Municipalities almost never give payments to the nearby property owners for the impact it has on the use and enjoyment of their own properties. Surrounding properties near the development have to deal with increased traffic, noise pollution, reduction in sunlight, loss of privacy  they don't receive compensation for this. Completely unregulated zoning is a textbook example of privatized gains and socialized losses.[/quote]

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