What is happening? Barbados is the first governmental entity to declare digital real estate as sovereign land. Why is this important? With this declaration comes virtual embassies and consulates, develop services to provide e-visas, and more. Forbes | Taxing Income In The Metaverse
Monthly Archives: October 2022
Paying Property Owners to Replace Grass
What is happening? Let’s talk about governmental entities encouraging property owners to change their lawn out to a xeriscape or a pollinator attracting clover lawn. Xeriscape was the talk of the town in Southern California. Minnesota set aside $1 million to help property owners switch to pollinator friendly lawns like clover. Why is this important? […]
Data: Affordable Housing Increases Property Values
What is happening? Researchers studying the impact of affordable housing on property values in Chicago discovered that “a neighborhood within a quarter-mile of all three developments saw gains of 13% on average.” Why is this important? Research defying mythology? Route Fifty | Building Subsidized Low-income Housing Actually Lifts Property Values in a Neighborhood, Contradicting NIMBY Concerns
Let’s Catch Up. Homeless Program ROI.
What is happening? Let’s catch up on Denver’s homeless bond initiative that connects the unhoused with housing, addiction treatment, and mental health programs. BY connecting the unhoused with housing, police hours spent on crimes associated with homelessness drops by 1,450 fewer hours. Why is this important? 52% fewer offenses associated with experiencing homelessness Urban Institute […]
1 City. 2 Short Term Rental Rules. Residential vs. Commercial.
What is happening? New Orleans has temporary short term rental rules in place. One set for commercial areas of the city and one for residential areas. In the residential areas, owners must occupy the property by having a homestead exemption. Private residential properties in commercial areas, like the central business district, do not have the […]
YIMBY Agenda : Land Use
What is happening? Meet the YIMBY Agenda, a policy agenda that starts with “Yes in My Backyard” to totally eliminate zoning, some say. Why is this important? Opponents point to Oregon where a state law passed that eliminated single family residential zoning in urban areas where 10,000 or more people live. YIMBY also seeks to move […]
Property Maintenance: Waste Rules
What is happening? The Texas Attorney General has issued an opinion as to whether a county may recycle salvaged waste. The answer is – yes, yes it can recycle salvaged waste if it meets one criteria. Why is this important? The kicker is– a county may recycle salvaged waste if and only if the waste […]
Can Texas Special Districts Buy Property Outside Its Boundaries?
What is happening? The Office of Texas Attorney General will give an opinion as to whether Municipal Management Districts can purchase property outside the district’s boundaries. If they can, does the district have to justify the benefit to the district? Why is this important? A district has done just this. SH130 MMD No. 1 created […]
Can LLCs vote in Special District Elections?
What is happening? Maverick County (Texas) Water Control & Improvement District No. 1 asked the Texas Attorney General for an opinion as to whether a member of an LLC may vote in an Improvement District election. Why is this important? A member of an LLC, even an LLC that owns irrigable farmland or ranch land […]
Landowner Stresses Hotline
What is happening? Wyoming, Pennsylvania, Texas, Missouri and Virginia have a new mental health resource for farmers and ranchers. “The AgriStress Helpline for Farmers and Ranchers is staffed 24 hours a day, seven days a week by professionals trained to work with members of agricultural communities.” Why does this matter? These property rights supporters in rural areas […]