Why Are Zoning Laws Important?
According to Chapter 25 of Real Estate Principles by Charles J. Jacobus, zoning laws have been around for over a century. These laws regulate how certain parcels of land can be used. Sometimes these laws can benefit people in certain areas while other times it can lead to decreases in land value. Residents in Northwest Side, located in San Antonio, Texas, and adjacent neighborhoods believe that the latter is taking place.
In January, the federal government seized a 36-acre tract of land near Northwest Side from an alleged investor of the Mexican drug cartel and put it up for auction. The city council informed the bidders that a down-zoning of the area was being considered. The amendment that was being considered was to the benefit of residents.
In January, the federal government seized a 36-acre tract of land near Northwest Side from an alleged investor of the Mexican drug cartel and put it up for auction. The city council informed the bidders that a down-zoning of the area was being considered. The amendment that was being considered was to the benefit of residents.