REE-3043 Chapter Notes - Chapter 4: Toxic Substances Control Act Of 1976, Environmental Movement, Boca Raton, Florida

• School: FSU
• Department: Risk Management/Insurance, Real Estate and Legal Studies
• Course: REE-3043
• Professor: Stephen Bailey

Document Summary

Chapter 4: government controls and real estate markets. Provides justification for government intervention in a market economy. (cid:862)holdouts(cid:863) i(cid:374) la(cid:374)d asse(cid:373)(cid:271)l(cid:455) effo(cid:396)ts (cid:894)(cid:396)oads, othe(cid:396) pu(cid:271)li(cid:272) uses(cid:895) Sellers know quality or condition better than buyers: construction quality hidden, buyers unable to judge natural risks, buyers unable to judge adequacy of structure. Land uses around residential neighborhoods are dynamic: effect of non-conventional structures, non residential land uses, non conventional population. Public planning for land use control: theory of public planning holds that directing land use from a community perspective is best means of correcting market failures, common forms. Continue to evolve: effects of hurricanes, new tech, changing perception of needs. (cid:862)the di(cid:448)isio(cid:374) of a (cid:272)o(cid:373)(cid:373)u(cid:374)it(cid:455) i(cid:374)to dist(cid:396)i(cid:272)ts o(cid:396) zo(cid:374)es i(cid:374) which (cid:272)e(cid:396)tai(cid:374) a(cid:272)ti(cid:448)ities a(cid:396)e p(cid:396)ohi(cid:271)ited a(cid:374)d othe(cid:396)s a(cid:396)e pe(cid:396)(cid:373)itted(cid:863) Although so(cid:373)e othe(cid:396)s p(cid:396)edate it, ny "s zo(cid:374)i(cid:374)g (cid:272)ode of 1916 generally thought of as first in u. s. due to its comprehensive nature.