Increasing density is the natural impulse when an area becomes more desirable. So much of our society is tied to the area you live - jobs, public schools, access to services. It’s immoral to kick the ladder down behind you and make entry into the area impossible, not because the market decides it, but because existing inhabitants have co-opted the government through NIMBY policies.

I can think of many pro-market initiatives that would alleviate society’s ailments. But allowing more, denser housing to be built is one of the easiest, least burdensome solutions placed on the taxpayer. The damage caused by more housing is to delicate sensibilities as a homeowner’s “view” is blocked by new towers and the “character” of a neighborhood is ruined by lower income newcomers.