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Cynthia Phillips's avatar

This is pretty typical for city politics. American politics has struggled from the founding with what the framers called the "mob" or the tyranny of the majority. With the financial incentive of your single family home being our biggest, most valuable asset, then vociferous opposition to anything that reduces the value of this asset is baked in. It plays out every single day across this nation. The paradox is these homeowners are planning to sell the valuable asset of their homes to fund our downsizing in their old age. Then, they won't be able to find a smaller unit in their old neighborhood.

One way a smart city could balance the needs of the property value partisans and the need for more affordable housing is to set the standard that the developer make a case for how its development will enhance or be neutral as to the property values in the neighborhood. I believe such a thing can be done. Business can conform to the people's needs and still do its project. Nobody ever seems to ask it to do that though.

A fact which developers could use is that as these single family homes soar in market value, young families with children can't live there. This causes the school district to decline in enrollment and funding - especially as over 65 exemptions kick in. When the school district declines, guess what? Home values decline. A smart developer could also play up how nice their apartment will be for future retireees.

Good leadership at City Hall would think of the long-term viability of the City. It might listen, analyaze and synthesize each project by throwing the good of the City into the mix. But, it usually does not. City councils usually just wait for the mob to show up at council meetings and then react by placating it. In smaller cities, everyone in city hall usually has a day job. This limits the "vision thing" for them.

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