Yoni Appelbaum's article in March 2025 highlights how land-use policies in economically thriving U.S. cities hinder mobility and opportunity for residents. Readers reflect on the balance between increased development and homeowners' interests, referencing the "homevoter hypothesis," where local voters protect their real estate investments. The discussion suggests that while loosening zoning laws may address housing shortages, it also raises concerns about preserving community integrity and preventing excessive commercialization, making a nuanced approach essential.
"One person's exorbitant expense-money paid for rent or to purchase a home-is another person's income. Increasing the housing supply to deliberately moderate or even lower prices threatens homeowners whose retirement plans include cashing in on the equity stake in their home."
"Voters lobby the local land-use authorities to protect their vested real-estate interests, thereby excluding newcomers from their communities."
"Americans have grown accustomed to rapidly rising home values, and our federal, state, and local governments encourage this through zoning, mortgage, and tax policies."
"Zoning laws should certainly be loosened-but do we want to open every last historical landmark to the wrecking ball and allow every last green space in America to be paved over just so someone can make a quick buck?"
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