Good analysis of one party's (developer's) perspective. How about analyzing the rest of the parties perspectives on the impacts and cost of permitting. Oh yes, the business of getting permit per-approvals and up-zoning used to be called speculation and was often accompanied by corruption of governmental employees. Narrow large benefit (developer) hitting narrow choke point (person with approval authority) causing wide spread but small costs (community owners/tenant consumers)
Permits and inspections have always been a viper's nest of corruption, and one which we, the tenants, ultimately pay for! Every expense, every cost, every bribe, incentive, or stipend is passed down the line as higher costs for the next user, until it reaches the consumer, just as in everything else!
Great research. Underscores one of the benefits of Japan's system, which includes by-right permitting: https://us-jf.org/hubfs/dutta-gupta-leveraging-lessons-from-japan.pdf?hsLang=en
Good analysis of one party's (developer's) perspective. How about analyzing the rest of the parties perspectives on the impacts and cost of permitting. Oh yes, the business of getting permit per-approvals and up-zoning used to be called speculation and was often accompanied by corruption of governmental employees. Narrow large benefit (developer) hitting narrow choke point (person with approval authority) causing wide spread but small costs (community owners/tenant consumers)
Permits and inspections have always been a viper's nest of corruption, and one which we, the tenants, ultimately pay for! Every expense, every cost, every bribe, incentive, or stipend is passed down the line as higher costs for the next user, until it reaches the consumer, just as in everything else!