I have no idea if this has always been the case, but people seem to look at their house as a bank account. They defend it and try and raise prices by blocking new development, keeping residents deemed undesirable out, and enforcing a consistent cookie cutter look with trimmed lawns and just the right number of cars in the driveway.
With that mindset a business could bring in outsiders and be bad for their property value.
With aggressive reverse mortgage programs, many people use their house as a retirement account. A house is generally the most expensive thing the average person purchases, and is the most obvious source to convert into an income. With a finite amount of land, and lots of increasingly desperate retirees with excellent positions to relax a claim for some temporary relief, someone is always ready to point out their house is their paycheck.
With that mindset a business could bring in outsiders and be bad for their property value.