NRB Seeks To Exempt Waterfront Properties From 50% Rule

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Capital Times Excerpt:
Owners of existing homes would no longer need county variances to make improvements if they plan to spend more than 50 percent of the property's value.

Restricting how much money a property owner can invest in their home or property is totally bizarre. The 50% rule has to be one of the most asinine anti-investment and redevelopment laws ever. State officials need to eliminate it on ALL properties.