So to be clear your fear is that without zoning developers will take out millions and millions in loans to build high rise buildings where no one will want to live. I'm sure they are grateful for your concern but I think it's best to let the free market figure this one out.
Sheesh, this is confusing. I didn't think you were a huge fan of the free market. Conversely, nor did I think Greenman was a big fan of central planning and state control.
No wonder the Tories are themselves quite confused by it all, with half of them proposing to slash all planning regulations in the name of 'encouraging growth' and the other half up in arms at the potential damage to 'English heritage' from "over-development".
And in villages all over the country half the residents complain bitterly how hard-done-by they are because there's 'no affordable housing for the young', while the other half (maybe even some of the same half) complain angrily at proposals to build new housing, because it will spoil their view or damage the 'character' of the village.
Where I am (in the city) multi-story buildings have in the last few years gone up on all four sides of me, on what were previously either undeveloped land or single-story buildings. One result being I've lost much of my daylight and have to keep my bedroom curtains closed because there are now windows directly facing them. I'm reconciled to it - as there's clearly a need for more housing.
But...
Many of the buildings here are already high-rises, and when they first went up, decades ago, replacing what were previously terraced houses, part of the quid-pro-quo for the loss of traditional gardens and the greater housing density, was that there would be large areas of open space around blocks, that would be a sort of 'communal garden'. That was very much part of the high-rise ethos of the time.
Only now they are proposing to infill exactly those bits of open space with more mid-to-high-rise housing. Which seems a bit dishonest and sneaky. Plus I sometimes think they are infilling every bit of open space left within the city because they are so reluctant to spoil the pretty views of the wealthier people further out in the 'Green Belt'.
I freely admit to being confused myself about the whole topic.