Sunday, July 13, 2008

Shoreline Zoning

WI State Journal

Yet another example of regulators failing to consider economic impacts...
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...Property values and assessments would decline if thousands of lots were deemed "nonconforming " by the proposed standards, according to Phil Salkin, government affairs director of the Realtors Association of South Central Wisconsin. He urged that the economic impact be studied before any new rules are approved.

"You 're talking about a huge sucking sound of millions of dollars of property value going down the drain, " Salkin said.

...The lot size and setback dimensions would depend on whether the body of water is classified as "rural, " "developing " or "urban. "