Quote:
Originally Posted by Simplicity
While 70 acres might seem like a lot, it's really not. Notwithstanding, of course, that people need to be able to get in and out of these areas fairly expeditiously, so chalk this up to the cost of doing business.
The market won't turn on 70 acres. But it will definitely turn on a belt that specifically forbids development around an entire city comprising what would ultimate be 10s to 100s of thousands of acres and will immediately send up the value of the land within the belt while encouraging more development outside of it.
Comparing rights-of-way isn't reasonably analogous or we'd start tipping rail cars and laser cutting hydro towers in protest.
|
Oh, I agree that 70 acres in terms of a whole city won't make much difference, but it does speak to the priorities when low income housing gets destroyed to make way for an expressway.
Threaded Mode