In theory, developers who would replace single family houses with multiple houses, townhomes or condos would be OK. We do need more housing in general. Although, IDK if real estate developers are a trustworthy bunch.
Trustworthiness of developers is a moot point because exclusionary zoning laws prohibit that replacement in the vast majority of urban areas anyway.
That’s what so many people in this thread don’t get: the law, designed to give even more privilege to already-privileged single-family homeowners, creates literal housing shortages (in the places people actually want to live, because housing is not fungible between locations), and then they somehow confuse that government mandated distortion of supply vs. demand as “capitalism.” They keep blaming “foreign investors” and other scapegoats, but they’re not the real cause of the problem.
Trustworthiness of developers is a moot point because exclusionary zoning laws prohibit that replacement in the vast majority of urban areas anyway.
That’s what so many people in this thread don’t get: the law, designed to give even more privilege to already-privileged single-family homeowners, creates literal housing shortages (in the places people actually want to live, because housing is not fungible between locations), and then they somehow confuse that government mandated distortion of supply vs. demand as “capitalism.” They keep blaming “foreign investors” and other scapegoats, but they’re not the real cause of the problem.