Certainly, but I'll also argue that single family zoning needs to go, and upzoning enabled anywhere reasonable. Do existing owners not like flophouses? Do they not like density? Do they not like any change at all? All of the above. Property owners are entitled to their property, they are not entitled to stop efforts around them to increase housing supply or density.
(as someone who has acquired lots, rezoned, and have contracted to have multifamily built in such areas)
(as someone who has acquired lots, rezoned, and have contracted to have multifamily built in such areas)