BigFootsSocks Posted November 18, 2014 Share Posted November 18, 2014 I like to think of it like this. Say a city decided to only allow only one residential building in their downtown area. Maybe the city requires a building of such height and such setback and such style, but someone will take advantage of the opportunity and build something that meets those requirements. Moreso, if they are going to build something, they will build up to their maximum economic potential to acquire the most return on their investment. Because no one else can build residential in that area, their economic potential outlook will rise because of reduced competition. A bigger, better building is more economically achievable.If the state does allow casinos, but restricts the quantity, they can create many more "demands" than otherwise, all the while the de jure competition reduction will benefit the casino operator immensely.It's the other side of zoning economics.That's a really good point. However, this is Texas, home of the no zoning laws and deregulation. Link to comment Share on other sites More sharing options...
IronTiger Posted November 18, 2014 Share Posted November 18, 2014 That's a really good point. However, this is Texas, home of the no zoning laws and deregulation.Only Houston has lax rules on zoning. Other cities very much enforce it. Link to comment Share on other sites More sharing options...
BigFootsSocks Posted November 19, 2014 Share Posted November 19, 2014 Really? Whoops...still, Texas isn't about that strict law life. Link to comment Share on other sites More sharing options...
Montrose1100 Posted November 19, 2014 Share Posted November 19, 2014 There are just some things we can't fight. Prohibition didn't really work did it? People will find ways to drink (see:Texas Tech), people need casinos to gamble, which obviously excludes online gambling.What I meant by that is there are legal "bars" that exist (see Denton), in dry counties. Very lively ones at that... Link to comment Share on other sites More sharing options...
BigFootsSocks Posted November 19, 2014 Share Posted November 19, 2014 What I meant by that is there are legal "bars" that exist (see Denton), in dry counties. Very lively ones at that...I'm not aware of this. How does it work? Very rigorous and strict liqueur licenses? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.