If I invested a bunch of money in some company, and the company tanked, I'd be pissed off too. That doesn't mean I'm entitled to compensation for taking a risk that didn't pay off.

I'm not saying I don't sympathize with people who lose their nice view. That sucks, and I'd be sad if it happened to me. The disconnect comes at the point where you think your right to a nice view trumps hundreds of other people's right to affordable housing.