Why are some people against local economic growth?

They live on fixed incomes (pensions, public employee wages) that will not increase as the local economy grows.
90% (19 votes)
They do not own assets with an inelastic supply (e.g. real estate) whose value will increase as the local economy grows.
0% (0 votes)
The rent they pay for their appartments will increase as the local economy grows.
5% (1 vote)
The price they pay for their beers will increase as a the local economy grows.
5% (1 vote)
Public spaces in their cities will become congested (traffic jams, crowded beaches).
0% (0 votes)
Total votes: 21
Question objectives: 
Understanding the political economy of local economic growth.
Understanding the effect of economic growth on inflation and wages.
Understanding the impact of local economic growth on the environment.
Understanding the effect of local economic growth for people on fixed incomes.
Understanding the effect of local economic growth for owners of assets with an inelastic supply.
Presentation videos: