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Pros And Cons Of Zoning Protecting Property Values

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The main argument traditionally advanced in favor of zoning is that it protects property values. Do you believe this contention? If so, how does zoning protect property values?

I am in favor of the contention, “zoning protects property values.” Due to the fact that a zoning regulation may establish certain land for residential areas, commercial areas, and landfill areas. This notion along increases the property’s value. For instance, Dr. Vinson doesn’t have to worry about his newly built $300,000 home being surrounded by a Class 3 landfill site or a large office complex or a noisy manufacturing plant.

At the first of our discussion on Real Estate I had a slide that said….”….value is created in real estate intentionally and unintentionally
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