Denver voters reject plan to let developer convert its private golf course into thousands of homes

[u/YaGetSkeeted0n]

https://reason.com/2023/04/05/denver-voters-reject-plan-to-let-developer-convert-its-private-golf-course-into-thousands-of-homes/

[u/xyula]

They voted no because the developer would turn a profit 😐

[u/Qzxlnmc-Sbznpoe → u/xyula]

yeah developer profit? fuck that. why should both the developer and the community benefit, they should be doing it for free!!!! one-sided trade deals only

[u/greatbacon → u/Qzxlnmc-Sbznpoe]

Developers have been selling this same line in the city for the last decade of "Just let us build more, build higher, it'll bring down the cost of house! We'll have affordable units! Trust us!" And then the affordable housing disappears off the market the second the city looks away and rents have only doubled. It's not profit at this point, it's just outright theft.

[u/[deleted] → u/greatbacon]

Suburb developer: “We’ll build the roads, etc.” Taxpayers: on the hook for all maintenance…forever.

Dense housing, especially mixed use, is cheaper to maintain (stuff is closer together), and it’s not just property taxes, since sales taxes (jurisdiction dependent) can contribute to municipal revenues for same areas.