They own property, and the value of that property is linked to how hard it is to find housing for other people. Their actions make economic sense (is this what you are referring to as "reasonable"?).
Still, most people find these actions to be immoral, as they result in plenty of suffering and wasted potential. The mealymouthed excuses about preserving historical parking lots or not creating wind tunnels or whatever are easy to see through.
Still, most people find these actions to be immoral, as they result in plenty of suffering and wasted potential. The mealymouthed excuses about preserving historical parking lots or not creating wind tunnels or whatever are easy to see through.