View Single Post
  #88  
Old Posted Jan 11, 2017, 1:51 AM
lzppjb's Avatar
lzppjb lzppjb is offline
7th Gen Central Texan
 
Join Date: Feb 2007
Location: Austin TX
Posts: 3,144
Quote:
Originally Posted by SkyPie View Post
I didn't read his response as quippy. I agree with him in that long-term residents may have an interest in keeping development around them tamped down so that their property values...and in turn property taxes...don't go up exponentially. That strategy has the potential to backfire though if development is constrained in a hot area causing values to go up anyway due to lack of inventory. I actually think this is a good area for increased height and density due to its proximity to the interstate and because it has few (any?) single family houses adjacent to it.
You read my comment correctly. Thanks for expanding on it.
Reply With Quote