How does new apartment construction impact nearby home values? Usually positively. There can be other issues, of course (more people!) but it’s not right to present increasing density as ripping off the neighbors.
What's an example of decreased utility? Less parking?
My biggest issue with increased density is shit design. Like, when they spent all the money on lawyers to get approval and stiffed the architects. When it is a nice 5 story building I love it.