Albuquerque is not running out of land. We are running out of money, water and oil but not land. Land is still there. Same land the Indians grew corn on and Spanish herded sheep over. Just look down. Land don't move.
It can be consumed and racked by bulldozers and building, the soil poisoned or paved over, but the place will still exist. And the people in place now may either love it and not plan to leave, or own it and don't want to sell it at a loss.
But there is a popular assumption that developers will go elsewhere if they can't get what they want. They will stamp their expensive shoes on marble and, essentially, threaten to move all that SunCal land to Valencia County if they don't get TIDD's.
The slowed economy and the long emergency are hard news for land flippers who have enjoyed the housing boom and status quo. They will try whatever they can to make the bottom line, including arguing that remaining regulations, like impact fees, are burdensome.