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Old 05-05-2004, 07:39 PM   #11
ltl/fb
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zoning

Quote:
Originally posted by Mmmm, Burger (C.J.)
How so? If it preserved wealth, there would be no need for zoning, because the highest/best/most valuable use of hte land would be the mcmansion on a half acre. Zoning prevents people from maximizing the value of their land.

Zoning preserves choice. As you said, vote with your feet. Nothign prevents you from buying the lot with the large apartment complex and demolishing it in favor of your trailer home pad. Without zoning one ends up with a mediocre sameness everywhere.
Uh, zoning preserves wealth (i.e., the value of land) by limiting what your neighbors can do. Your McMansion will fall in value if the house across the street is turned into a quadplex, and an apartment building is built on the lot next door. Zoning prevents them from tearing down the houses and doing that.

I think you should read the case.
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