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To: Cogito who wrote (267564)	6/27/2002 3:27:21 AM
From: MSI	Respond to of 769670

If the result is to help make more coherent, informed and informative planning, then it's a good thing. Bad planning costs many hundreds of billions in this country, IMO, when you add the large profit cushion developers must have to avoid irrational or irresponsible changes in planning after a commitment is made, then multiply that by interest costs, transaction costs, and undesriable resulting communities. A friend of mine called me early one morning to bring my attention to the front page of the local paper, showing a nice old lady holding a small flower. "That", he said, "just cost me $1 million". In a year or two, it was settled by a swap for some other land, but anything that can be done to enlarge the field of knowledge and knowledgeable people involved will cut risk. Imagine how much a developer has to make in profit to cover the risk of losing a million or many times that, in a single day? What's needed is the assurance of "build-anywhere" places like Texas, with the thoughtful community planning in California and Massachusetts, and that takes more priority that we now have. Community planning can add tremendous value to lifestyle, education, work opportunities, reduction in crime, and sense of neighborhood.