People don&#x27;t fight upzoning because it reduces the value of their real estate; in fact, it almost always does the opposite.<p>People fight upzoning because they like where they live, and upzoning would destroy what they like about it.<p>As for &quot;people trying to enter the market&quot;, upzoning makes it that much harder; condos are generally a worse investment, so most high-density developments are rentals. If you think housing prices are high, try the cost of a buying a rental building.<p>Lastly, the &quot;incumbent residents&quot; bit is hilarious. I believe that&#x27;s called &quot;a citizen&quot;, or &quot;a community member&quot; -- as in, the people who are paying the taxes and electing representative leadership to serve in the interests of their established community.