Stable owner occupied homes means the area isn’t likely to turn into a ghetto soon. That is just a fact.
If an area has too many rental units in relation to owner occupied homes, the property values will crash. That is also a fact.
Property rights also extend to those that don’t want section 8 to turn their neighborhood into a ghetto.
I refuse to live in or close to any city, or anywhere that has public transportation for exactly that reason.
The danger with zoning laws is that gives the property rights to the government. I have seen some rather horrid zoning laws banning everything from the color of the door to the house to how many children a family may have (yes, that was a zoning law, not a HOA code).
While I understand not wanting to import the ghetto, taking away property rights of the owners is a very dangerous precedent.
“I refuse to live in or close to any city, or anywhere that has public transportation for exactly that reason.”
That is bull****.
Some of the priciest towns in my area,Eastern Ma,are much in demand because of the public transportation.
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