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As it is, developers tell me that there is considerable development, already approved, that is just not happening yet because of financing constraints. If things aren't getting built which have no zoning barriers, then removing zoning barriers won't solve all problems.

So you don't think that zoning barriers are having any effect on the profitability of proposed multifamily developments? If all of these added restrictions do have an effect, then they would in fact make it harder to get financing.

Though I guess you're right that "removing zoning barriers won't solve all problems." Therefore, we shouldn't consider removing them?

by Gray on Jun 19, 2012 1:45 pm • linkreport

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