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In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street crash of 1929 forcing little development in the state and a land bust. [6]
In the early 21st century, several local and state governments across the United States have been relaxing or abolishing specific zoning classes (e.g. single-family zoning) to address various issues that have arisen as a result of zoning, such as housing affordability crises and racial and socio-economic segregation.
[1] [3] [4] [5] [8]: 1 Real estate developer Duncan McDuffie was one of the early proponents of single-family zoning in this neighborhood of Berkeley to prevent a dance hall owned by a Black resident from moving into houses he was trying to sell. He worried that families of color moving into the neighborhood would decrease the desirability of ...
Much of South Florida’s housing market is expected to remain resilient since the legislation was modified, according to a real estate lawyer, consultant and broker interviewed for this story.
A planning and zoning commission is a local elected or appointed government board charged with recommending to the local town or city council the boundaries of the various original zoning districts and appropriate regulations to be enforced therein and any proposed amendments thereto. In addition, the Planning and Zoning Commission collects ...
Florida’s law prohibits most citizens of China, Cuba, Iran, North Korea, Russia, Syria and Venezuela from buying real estate close to a military compound or critical infrastructure, the Miami ...
An urban growth boundary circumscribes an entire urbanized area and is used by local governments as a guide to zoning and land use decisions, and by utilities and other infrastructure providers to improve efficiency through effective long term planning (e.g. optimising sewerage catchments, school districts, etc.).
Real Estate industry detractors note that inclusionary zoning levies an indirect tax on developers, so as to discourage them from building in areas that face supply shortages. Furthermore, to ensure that the affordable units are not resold for profit, deed restrictions generally fix a long-term resale price ceiling , eliminating a potential ...