What are some negative externalities of the home building industry?
There are very few negative externalities associated with the home building industry. The few that exist usually pertain to those who advocate less home building and land development. In the same way that locals protest large shopping districts moving into their communities, many people hold the same position regarding new homes being built. However, in the grand scheme of things, homes being built is a sign or positive growth in a region. you will not find new homes being built in a ghost town, but rather in communities that are growing. Those who fight this occurrence are often either naive to the positive aftermath, or place some soft of intrinsic value on the land to be developed.
