This year and volume, the sixty-ninth, mark the phoenix flight of the Zoning and Land Use Law survey. The survey last appeared in the sixty-first volume of the Mercer Law Review, just as the Great Recession was taking its toll on real estate development. The Great Recession shifted development activity away from constructing new buildings to protecting the value of investment in existing structures from the ravages of the landslide of foreclosures. At the height of the Great Recession, there was virtually no demand for new residential or commercial construction, and new construction and development ground to a halt. New commercial developments sat vacant. Thousands of recently platted residential subdivision lots were in foreclosure, with little or no chance of being developed.
Galloway, Newton M. and Jones, Steven L.
"Zoning and Land Use Law,"
Mercer Law Review: Vol. 69:
1, Article 21.
Available at: https://digitalcommons.law.mercer.edu/jour_mlr/vol69/iss1/21