Homework answers / question archive / (a) A local businessman has applied a permit to construct a bar that will feature a discotheque across the street from residential houses

(a) A local businessman has applied a permit to construct a bar that will feature a discotheque across the street from residential houses

Business

Share With

(a) A local businessman has applied a permit to construct a bar that will feature a discotheque across the street from residential houses. As an owner of a sh. 20 million house within the area would you favour or oppose this development? What effect do you think it could have on the value of your property? If you are opposed, how could you fight approval of the permit? (5 marks)

b)Explain the two alternatives to property disposition.