Comment by majormajor
2 hours ago
>The second order effect will be that rental properties are driven from places where this applies.
This is likely very intentional in some of these places.
Growing up in suburban TX decades ago, people FREAKED out at talk of potential apartment building development nearby. The duplexes a mile away were 'bad enough.'
Why did they freak out? What was their threat model, so to say? (I can imagine several lines of reasoning, but as a hardcore urbanite, can miss the mark entirely.)
Also grew up in suburban Texas, saw similar freak outs, and can tell you it's thinly veiled racism and distaste towards being forced to be around people who are part of perceived lower socioeconomic classes.
The threat model is "been indoctrinated by years of propaganda to be fearful of a vague nebulous threat of being around people who don't look and act like me"
The town near where my parents lived just had a subdivision kill a multi family apartment complex because it was too close to their subdivision. There was no thinly veiled racism. It was just racism. Poor and black people apparently bring your property values down. The protests were, quite literally, we don't want those people here, without defining what 'those' meant.
It was not great to watch, but it was great to let my parents know who exactly they should stop associating with.
Falling home prices, increased crime, decreased social status, long term political shift resulting in suboptimal and even counter-interest local policy.