Earlier quoted context omitted.
> Your land value would skyrocket by allowing apartment buildings That is too far away. That may or may not happen In the short term, the supply just increases significantly. Probably also the traffic and other infrastructure use. Not that I disagree or agree with nimby. Just pointing it out because you only point out one side.
Imagine 2 empty parcels of land in downtown Manhattan, one can have a giant skyscraper of any height built on it and the other has to be a single family home. The parcel of land with no restrictions is going to be worth exponentially more because you can built a massively profitable structure on it, the other one is so regulated that it isn't worth any where near as much. The more profit you could derive from a parce…
> someone would come in and buy it off your hands for a huge premium.
This is still a far future.
> If your house was rezoned for apartment buildings and the demand existed
It's still better for you that only demand exists, but not supply.
To be honest, I doubt nimbyists are even interested to move. They just want their neighborhood to stay relatively the same (quiet, fewer people, safe, less crowded).
Either way we look at it, this kind of points are likely cons, not pros.
> sure but that's why you want to build more pedestrian friendly neighborhoods and public transit so people don't have to drive everywhere.
I laughed a little, assuming this is a US city.
Again, I don't own a house, so it's not that I agree or disagree with nimby. But I can understand why nimby hates new buildings next to their houses. It's just a lot more cons than pros.