Summary of Symposium DiscussionAbstractThis, the third symposium sponsored by the U.S. Department of Housing and Urban Development (HUD) and hosted by Fannie Mae, focussed on the assumption that legitimate environmental interests must be protected, in part through some regulation or restriction of private development activity. It was also assumed thatas with all interventions that limit resources, impose requirements, or delay actionenvironmental regulations were likely to affect the form and cost of development. On the other hand, it was acknowledged that, because real estate developments are affected by a great number of locally specific and constantly changing interactive variables, the precise impact of a given regulation on a specific development is often extremely difficult to quantify.Summary of Symposium Discussion (*.pdf, 70 KB)
|