> Given how local governments are set up they have the raw power to do what they are doing. But the rest of us don't have to pretend it is okay.
What's to pretend? Local governments have a responsibility to their residents. Granted, that doesn't give them free reign to hurt non-residents, but they can't simply ignore the concerns of those who fund them and elected them into office.
I say this as someone who has been negatively impacted by the restrictive zoning in the bay area. It would benefit me personally more if they allowed more dense housing.
> it's exercising naked political power to take property rights from people that bought them simply because they want to and they have the votes.
Who's property right's are being revoked, the real estate developers? Again, what's the difference between that and the gold mine? The gold mine is a good thing. It provides jobs, adds wealth to the economy, etc. And yet, a gold mine polluting a river increases health risks, mars the natural beauty, and decreases the property value for those living downstream. We expect the gold mine to help reduce or bear the cost to those they affect.
On the other hand, real estate developers who build lots of high-density living also increase health risks (traffic, pollution), mar the natural beauty (bulldozing trees, fields) and decrease the property value of those living nearby. You may argue that it's not to the same degree, and I would agree, but I think it's still the same kind of situation.