Great - you want to live in your single family home? We set a minimum 4 story as-of-right zoning across the entire city of Vancouver, and the cost of a single family home will probably go down. Plus, you're in your single family home, a mere change of zoning doesn't mean that you must move or sell or anything! Just means you have a few more neighbors. What's not to like?
Unless what you're saying is that you want to restrict housing development, and keep housing prices super high by requiring that neighborhoods remain ultra low density . . . because you like it, and believe housing policy should reflect your personal preferences and serve your interests?
Anyway, EVERYONE should be opposed to this. If you're on the left, this is a giant scam by the rentier and landowning class to cycle money upward into their pockets. If you're in the center, you look at Canada's housing policy and realize that deliberately legislating some of the world's highest housing costs is diverting money from productive uses, like new business or science or whatever investment that actually grows the economy. If you're on the right, you're looking at the demand curve and thinking to yourself that this whole dynamic is deliriously out of whack - it's a legislated artificial land shortage!
AND EVERYONE IS RIGHT!
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