How Government Regulation Creates Wealth Inequality
by Paul HairA small-town newspaper (scroll down to Section B after hitting the link) profiled a local land developer, explaining how he started and grew his own business.
Harry Fox, Jr. spent the past few decades becoming a successful land developer in the Commonwealth of Pennsylvania. (Fox generally does not build but instead acquires large tracts of land and goes through the necessary steps in order to subdivide the land into lots and bring them to market.) He mentioned to the newspaper that if he had tried getting into the land developing business today he would have a much harder time doing so because of all the government regulation that exists. I wanted to know what he meant by this so I contacted him and conducted an interview of my own.
I wanted Fox to explain to me all the steps needed to bring a piece of land to market in the Commonwealth of Pennsylvania. However, government regulations and requirements are so extensive that we couldn’t go through all the steps in just a few hours. So we focused on just one area: what a developer needs to do to bring a piece of land to market with that piece of land having a private septic system. The description that follows pertains only to Pennsylvania. Any errors made are mine and mine alone.







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