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 Outrageous: Mount Pleasant slashes permits allowed for residential construction, immediately

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PostSubject: Outrageous: Mount Pleasant slashes permits allowed for residential construction, immediately    Thu Jan 10, 2019 7:23 pm

MOUNT PLEASANT — South Carolina’s fourth-largest city has adopted controversial limits on the number of new homes that would be allowed each year, immediately slashing home construction by a third compared to recent years.
The rules were adopted after hours of debate, numerous amendments and pleas from home builders and real estate professionals to delay, change or reject the plan. They said the rules would drive up housing prices, cause economic harm to small home builders and town residents who work for them, and potentially get the town sued.
“This could ruin me, financially,” said resident Jeff Meyer, who said he’s been working on an 18-home development in the town.



https://www.postandcourier.com/news/mount-pleasant-slashes-permits-allowed-for-residential-construction-immediately/article_56ba20a4-135e-11e9-8676-bf2a5e147af6.html

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