Actually, you get double bonus wherever you add housing, because you'll never add enough transportation or parking as necessary so that neighborhood will also start to suck! Also, housing people is a net drain on the tax base so the city services get worse or taxes increase.

Win, win!

Yeah, that's why NIMBY... on the other hand add transit, jobs, or retail somewhere and house prices go up locally with it because people want to live there (reduce their commute and buy $#&+) and it pays enough taxes. Retail moves where people flow. It takes planning and not just building.