![]() ![]() ![]() We close by providing a number of possible options for reform. It is not unusual for companies, and the whole economy, to experience “regulatory drag.” The ultimate consequences include detrimental effects on productivity, innovation, and economic growth. The time, energy, and money needed to jump through cumbersome regulatory hoops prevents some would-be entrepreneurs from pursuing their dream. These barriers create a chilling effect on business development. We also describe the obstacles to judicial relief in this area that the litigant is likely to encounter. ![]() We highlight and discuss in depth some emblematic consequences of regulatory uncertainty, with special attention to the subjective nature of land use regulations and the possibility that improper motives may creep into permit review. We then give an account of how and why the permitting process often goes awry. In order to explain the consequences of the land use labyrinth, we begin with a short primer on the basics of zoning and building code law. Our report explores today’s regulatory climate and the land use problems it has caused. The resulting regulatory uncertainty stifles innovation and leads to harsh (and frequently unintended) economic and social consequences. But land use law has evolved into a complex system that is often subjective and unpredictable occasionally, it is almost impossible to navigate. The rationale for land use regulation rests on legitimate concerns about the impact of property development on other parcels and other people. One of the most confusing layers of this regulatory thicket is land use regulation – the laws that govern real property by saying who can do what and where. The success of any business – whether new, old, large, or small – is often inextricably tied to the ability to avoid the entanglements of the regulatory thicket. The uncertain impact of regulation is a central concern of business owners. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |