Adding four times the density would be a more effective use of space while generating higher property tax revenue. Here are some images from a new suburban neighborhood in North Augusta, SC that I took this past weekend. More density on less land, leaving more land to enjoy nature. Suburban development isn't all bad if it pays for itself.
I guarantee you this area in SC has drastically less property taxes then across the river in downtown Augusta, which is more barren than our own downtown. And unless there is some joint development agreement, that tax money is not going back and forth to GA and is only subsidized by the few people still working in the Hotel or the Wachovia tower who bring their income back across state lines. If anything, they are subsidizing either with their state income taxes.
You are not going to convince me that our own downtown generates more property tax revenue either, in≤ per in≤, not effectively with all those city buildings, churches and utilities. Unless you count office space, which isnt really going to do much for residential solutions and is an apples to oranges comparison anyways.
The same rent Highrise McGillicutty wants to charge to cover those extra property taxes for a relatively cramped 2 bedroom can get you one of these McMansions with a yard, free parking, cheaper electric bills, playground, small waterpark, better schools, cleaner streets, an actual grocery store and you only have to drive an extra 10 minutes to get to Mossfire. All those activities generate tax revenue for the city.
All those people paying those other fees and taxes have got to live somewhere, and some people do not like being close enough to hear and smell their neighbors or random people walking by.
The best advantage is that it's subsidized by other areas of town.
I am really not sure how "the poor residents across town" are paying for anything. The developer pays for the infrastructure PLUS permitting PLUS fees for any additional 'trips' the development is projected to cost. Taxes are assessed at every level of development. Poor people across town have their rent and electricity paid for them( sometimes cell phones too).
I find that statement lacking in real world economics and ignorant of the actual role government has assumed, even on a city level. You might have an argument about Fire and Police, but look at usage. Who is subsidizing the courthouse? Who subsidized the new library? I will compare usage of the downtown library to Pablo creek any day, And even more on the weekends.