[pilom]

And how much more expensive is rent in your town because it has 100 fewer units? That is the opportunity cost. Unfortunately, these opportunity costs are not borne by landowners, just by renters. And then when the government charges landowners higher taxes on their now more valuable property, the owners balk.

[Eumenes]

My town almost has zero renters - something like 5-7%. Most of those are accessory dwellings or STR for the lake in town. Very low property tax (paying $1200/year on a $400k 2k sq foot home with 5 acres). Shares a school district with 4 other local towns/villages.

The developer/advocates for this initiative tried to sell residents on "local businesses need employees..." - Sorry, I don't give a shit. If you can't hire people, pay them more + offer better benefits. Building "affordable" houses so you can import minimum wage worker populations that also benefit from state welfare/ebt/insurance is not good policy.