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[Tyrone Slothrop]

Originally posted by sebastian_dangerfield
Bullshit. I live in an older suburban community. I bought there specifically because (a) the houses were older and there were no McMansions around (which drive value down), (b) there was no room for any sort of development anywhere nearby (which means the investment is protected and will likely appreciate) and (c) because I'm close to a train and a town with an eclectic mix of restaurants, shops, etc. I have just about every low end to high end store imaginable within 4 miles of my place, and about 30 bars/restuarants in walking distance.

You must be talking about those shitty developments of new McMansions on the outskirts of the burbs. But even those folks tend to have loads of good stores around them; they just don't get very good restaurants.

If you stick the elderly/college kids/section 8 folks near me, you'll kill my property value. So the tradeoff, if its a tradeoff at all, is that I get less "diversity" and better resale? Your point, if there was one, is beyond me. I think you just want to find a way to bitch about NIMBYs. Whatever. I'm proudly one - I have a lot of cash sunk into my house. You think I want to put that in jeopardy because of some upper-middle-class horseshit guilt complex about being selfish?

You're a few zeros on your paychecks from being a limousine liberal sometimes. Everybody's a democrat when he's young; but we're all republicans when we get older and start having real expenses.

I live in a place that sounds not all that unlike what you describe. I don't know Philly very well, but I don't think an older suburb like the one you describe is what I'm talking about. I'll bet the density is somewhat higher, and that elderly/college kids/Section 8 are not as far away as you think.