Earlier quoted context omitted.
This is sort of true, but confused, because it's land that has value, not housing, and the value of land increases when it's upzoned. [0] [0] It's of course not increased when government unilaterally constructs low-income housing without reference to market conditions, which is why it's important to assure homeowners that this is not what upzoning entails.
I'm not american but if most people in America can right now classify as low income (paycheck to paycheck) then open up the floodgates on low-income housing everywhere?
See: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)...