[FireBeyond]

Absolutely. My areas is in one of the highest appreciating parts of the country, and has a housing shortage. The city started exploring "the missing middle" - medium density housing - we are either single family, or apartments.

Commissioned studies, and the worst case of those showed year-over-year appreciation decreasing, from 12% to 9.5% per year.

To be clear, people's property values were still going to be increasing nearly 10% a year, if fully implemented, and "worst case", but holy hell.

You'd think the city was talking about taking people's grandmothers into the street and executing them, the screeching was so fierce about "protecting my investment".

Never knew there was a constitutional right to double digit "returns" on property ownership, but to these people, apparently there is.

[jonfw]

At the end of the day, the local governments servve their residents. most residents already have housing in town, and I'd bet that most of the owns who vote own