> I counter that if this were the case there would be no need for single-family zoning, because people would naturally choose such housing whenever possible, and the market would respond.
A major reason zoning exists is because with out it you'd have developers and investors out-bidding the homeowners to redevelop plots of land as they became available.
It's a collective response to the power of $$$ in a free market.
Even if all of those condo purchaser who would buy a unit in the building that replaced a single home would've preferred a single home, they didn't have a direct say in that lot being turned into condos. The person with the most money did.
And of course, they couldn't have all fit there. But I am skeptical of "enough people with money want to live in your area now" as being a sufficient justification to say that local control has to be eliminated. Why favor the future richer potential-resident over the current resident? (I would extend this broadly, for incumbency protections for renters and owners alike - why is it an inherent good for an existing area to get denser forever? Why not encourage less centralized development? Why would "the people with the most money should get to decide how this area is developed?" the best plan?)
A major reason zoning exists is because with out it you'd have developers and investors out-bidding the homeowners to redevelop plots of land as they became available.
It's a collective response to the power of $$$ in a free market.
Even if all of those condo purchaser who would buy a unit in the building that replaced a single home would've preferred a single home, they didn't have a direct say in that lot being turned into condos. The person with the most money did.
And of course, they couldn't have all fit there. But I am skeptical of "enough people with money want to live in your area now" as being a sufficient justification to say that local control has to be eliminated. Why favor the future richer potential-resident over the current resident? (I would extend this broadly, for incumbency protections for renters and owners alike - why is it an inherent good for an existing area to get denser forever? Why not encourage less centralized development? Why would "the people with the most money should get to decide how this area is developed?" the best plan?)