Friday, October 9, 2009
I'll have more posts in the future about what local governments might do to decrease the magnitude of boom-and-bust housing cycles that wreak havoc on cities and communities. To address the current housing crisis, cities across the country are imposing obligations on banks as well as purchasers of foreclosed houses to maintain housing exteriors. A new Nevada law is here, and a newspaper article introducing it is here. Creola Johnson also has a nice article (Fight Blight: Cities Sue to Hold Lenders Responsible for the Rise in Foreclosures and Abandoned Properties, 2008 Utah L. Rev. 1169 - I don't have a link to SSRN) that analyzes the tensions in more detail. It will be interesting to see if the costs of local mitigation efforts slow purchases of foreclosed houses. Purchasers have to pay, or get waived, costs the city incurs in cleaning up neglected, foreclosed properties.
This blog is an Amazon affiliate. Help support Land Use Prof Blog by making purchases through Amazon links on this site at no cost to you.
- Deborah Curran on Field notes on navigating a POPO
- Stephen Miller on Commissioner's Corner: Should a Commissioner Be Permitted To Peak at a Google Maps View of a Project Site in a Quasi-Judicial Hearing?
- Ben Davy on Commissioner's Corner: Should a Commissioner Be Permitted To Peak at a Google Maps View of a Project Site in a Quasi-Judicial Hearing?
- Jesse Richardson on Commissioner's Corner: Should a Commissioner Be Permitted To Peak at a Google Maps View of a Project Site in a Quasi-Judicial Hearing?
- Stephen Miller on New Arkansas law requires local governments to pay for a "takings" where certain "regulatory programs" reduce FMV by at least 20 percent
- Shocking Allegations of Rough Justice at a P&Z Hearing in the Rural West: Environmental Activist Opposing Oil and Gas Project at Public Hearing Charged with Criminal Trespass and Spends Five Days in Isolation
- Cheever & Owley on Enhancing Conservation Options
- Planning for States and Nation-States in the U.S. and Europe
- New study highlights worker conditions in the sharing economy
- Audubon honors Women Greening Journalism