I like to consider myself a regular at my neighborhood council's meetings (NE Seattle). When the city shows up to present development plans, only older generations who feel somewhat entitled to their neighborhood's "culture" show up and berate the plans. At the last one, some lady was pissed because a new apartment building might block partial sunlight in her yard, which is apparently more important than 400 market priced units becoming available in a city starved for housing.
Then these same people get upset at Amazon (I have no affiliation) for bringing in tech money and causing a massive housing shortage. They then allow their short term memories to forget what a shithole South Lake Union was before Amazon bought and developed on the land.
There's an entire economic theory that progress only happens when the older generation dies off. A bit grim, but I can believe it. There's a subdivision near my house that allows only 55+, and anytime anyone wants to do anything it's a massive shitshow. They stalled a much needed bond for a local highschool for two years (during which said highschool got really, really overcrowded) and actually ran insane smear campaigns against the school board. Not fun.
That seems like it wouldn't work... I mean, a fraction of the 'older generation' dies off every day.... and a few new people join the 'older generation' as they age.
Now, I can imagine saying things like "The progress will only happen once all the people who grew up with things being the old way die off," especially with things like interracial or gay marriage, but I don't think that applies to something like housing. Whoever owns the current houses will never want more houses built; that will only drive down the value of their property. It may be true that the people who own those homes are usually older, but that will not end when they 'die off'.
You're absolutely correct; I quoted a gross oversimplification of the theory. It's more to do with per generation than actual old people, and people are always protective of home value.
Consider, however, that when an elderly person dies their assets,in this case houses, are usually sold off, which might be enough for a builder. It's not the core tenant of my argument, but it's something I'd never thought of before.
I like to consider myself a regular at my neighborhood council's meetings (NE Seattle). When the city shows up to present development plans, only older generations who feel somewhat entitled to their neighborhood's "culture" show up and berate the plans. At the last one, some lady was pissed because a new apartment building might block partial sunlight in her yard, which is apparently more important than 400 market priced units becoming available in a city starved for housing.
Then these same people get upset at Amazon (I have no affiliation) for bringing in tech money and causing a massive housing shortage. They then allow their short term memories to forget what a shithole South Lake Union was before Amazon bought and developed on the land.