Break an acre, pay for 24: The legal extortion crushing homeowners

Break an acre, pay for 24: The legal extortion crushing homeowners

Imagine a store that, rather than making customers pay for items they break, requires them to pay 24 times the value of the broken item. People would stop shopping there because the rule is unfair. Yet cities across the nation are deceptively imposing a similar unfair system on their citizens through “no-net-loss” ordinances. In theory, no-net-loss should be a 1-to-1 trade: For every acre of wetland that is developed by a builder, another acre o…