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Renters are less vested in a neighborhood because they do not have skin in the game. I used to rent until 2 years ago. If something happened that I did not like (which it did), I could easily move out.

Now that I own and have vested at least 12 years of full salary in a place, and boy do I care now. Higher density and accessory dwelling would lower my property value.

by North Arlington on May 31, 2012 4:02 pm • link • report

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