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@Mr_B
That's not even vaguely true.
No real-world examples to cite (yet), but use your imagination; In any sort of post-apocalyptic scenario, money ceases to mean anything. If full-on worldwide warfare ever happened (on yours and every street, not watching drone footage on CNN from your comfy heated home), somebody could hand you a bag with five million quid cash in it, and it would only be of use as campfire fuel. If they handed you a PRACTICAL OBJECT such as a shovel / knife / rifle or taught you a SKILL, those things are (at that point) worth infinitely more than money.
Money is a construct. The property market is a construct. People make massive profits on houses because some greasy spiv middlemen cunts keep pushing the asking prices up to line their own pockets. Then, every other seller looks sideways at what somebody has managed to get for their house, and overcharges accordingly. This carries on, and on, and on.
At no point does anyone express a desire to treat others fairly - to sell their house for a reasonable price, to allow somebody 'beneath' them in the housing food chain to buy a good place for good money. Everybody always insists (and is pushed by society and the stinking property industry) to get the absolute maximum return on their 'investment'.
It's bullshit.
As for
It's short-sighted self-serving NIMBY crap like this that's rendering London and Manhattan as cripplingly expensive, rather boring carbon-copies of each other. Read the papers. An area is only ever as good as the people who choose to live there. People are already starting to realise this about Detroit, and are getting genuinely excited about its rebirth.