So-called environmentalists are constantly using environmental laws to stop real estate projects. Many of the lawsuits are filed on behalf of endangered species, you know like the spotted owl. And since this spotted owl cannot file its own lawsuit some caring citizen plans on doing it for them?
In reality most of these lawsuits are filed by those who wish to block real estate development and have never even met a spotted owl, desert tortoise, or rare endangered rat. Some builders give up and everyone loses, and that is exactly why this tactics is used.
This causes all kinds of problems for those who own property and would like to develop that property, and feel they too have property rights. These lawsuits cost construction jobs, court time, and eventually tax revenues for the jurisdiction where the home, new building, or business was to be built.
Recessions are no time for Environmentalists to abuse law to fight real estate growth, nor are these lawsuits doing anyone any good. During slow economic times building and growth are at a standstill anyway, stopping projects disrupts recovery and costs jobs.
It is so unfortunate how a few, even one individual can prevent a new project in a city. And it is equally unfortunate that we allow one person to destroy the benefits for all, and abuse our laws to do it. Until a city, county or state comes to terms with these issues, we as a society will suffer and thus, we will not have the best that our entrepreneurs and capitalists have to offer.
Of course, maybe we might save that ill-adapted and inadequately evolved rare rat species from extinction for a few more years. Think on this.
Tag:-market analysis real estate, how to find real estate investors, real estate forecasts, market research real estate, real estate growth, real estate technology, real estate market trends,leading economic indicators
In reality most of these lawsuits are filed by those who wish to block real estate development and have never even met a spotted owl, desert tortoise, or rare endangered rat. Some builders give up and everyone loses, and that is exactly why this tactics is used.
This causes all kinds of problems for those who own property and would like to develop that property, and feel they too have property rights. These lawsuits cost construction jobs, court time, and eventually tax revenues for the jurisdiction where the home, new building, or business was to be built.
Recessions are no time for Environmentalists to abuse law to fight real estate growth, nor are these lawsuits doing anyone any good. During slow economic times building and growth are at a standstill anyway, stopping projects disrupts recovery and costs jobs.
It is so unfortunate how a few, even one individual can prevent a new project in a city. And it is equally unfortunate that we allow one person to destroy the benefits for all, and abuse our laws to do it. Until a city, county or state comes to terms with these issues, we as a society will suffer and thus, we will not have the best that our entrepreneurs and capitalists have to offer.
Of course, maybe we might save that ill-adapted and inadequately evolved rare rat species from extinction for a few more years. Think on this.
Tag:-market analysis real estate, how to find real estate investors, real estate forecasts, market research real estate, real estate growth, real estate technology, real estate market trends,leading economic indicators
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