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Grandpa gets forced out because of a combination of the following:

1. Massively increased rent, if he is renting 2. Massively increased cost of local goods and services and change in who those services cater to 3. Predatory tactics by real estate developers targeting lower income individuals in the community, if he owns the property 4. Loss of friends/community due to cohort being forced to leave by 1-3

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So you are arguing that residential densification and a increase in housing supply will lead to

1. Rent increase

2. Consumption price increase

3. Big real estate will use thugs and trickery to force people to sell

4. More people in the community leads to less friends

Grandpa gets forced out by increased rent, yes.

Increased housing supply almost universally decreased housing prices.

If you don't want renter Grandpa to be forced out, build more

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