I don’t know if money is the problem. I think it’s more systemic; places like Aspen will NIMBY against any attempts to do meaningful housing projects.
The problem of people not being present cuts both ways, and I fall on the side of preferring people to be present. I want to live in a place where people are present in their communities - that doesn’t mean you have to go to every council meeting, but it does make you more invested in the quality of the neighborhood and town. Yes, you use more community services, but isn’t that the point? The local businesses have higher cash flow, you have to deal with that pothole on 7th that hasn’t been fixed yet, etc.
Most wealthy people are born into it. [1]
[1] https://www.fool.com/the-ascent/personal-finance/articles/st...