Something I’ve never understood with opposition to denser zoning is the following. If the land is up zoned surely it’s market value increases in turn because the range of what can be built on it increases? Your house might be worth $X amount as a single family home but if your land were incorporated into a new apartment complex which has 4-5x more homes in the same space, it is objectively worth more, right? Where then, does the common belief that an increase in housing decreases home value arise?
Never made sense to me.