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No, housing suppliers such as local homeowners should not be able to restrict new housing supply such as a tall building to keep prices artificially high. New housing in your area is part of the risk you take on when buying a home. They're taking money from other people with zero consequences to themselves when communities do that.






What if the restrictions are already in place? People might pay for a house assuming no high risers would ever be built next to it and then suddenly it loses half of its market value.

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melian
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The zero consequences seems like an extreme statement with little to no backing. By the same logic if you destroy a chair in your possesion you are stealing money from the guy who would have bought it off you. Establishing that an area ought to have a certain quality means you will then have to live with it. Housing might be more valuable but good luck trying to attract offices when distances are huge.
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Fwiffo
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