Housing permitting an policy is generally controlled at the local level be politicians who are not well-versed in finance.  

@David E Gardner Welcome.I think the fix is in, when you look at the former politicians and hacks that have received licenses.BUTYou could open a fast food franchise, check cashing office or Chinese take-out near by?

Nope, politicians as per normal were at the bottom of it.

Water bills and the lack of support from the City for business people and development is a prime reason to leave Baltimore or get active and start controlling houses and commercial properties in a town that I have been in now for 74 years.I own houses and commercial properties in Baltimore and it has been good to me as well as profitable - but there are times with the negative aspect of this city - the politicians and lack of support - makes me sometimes rethink my Baltimore activity.My son, Ian, just wrote a letter to Congressman Elijah Cummings, in part it said this:You know, the Great Baltimore Fire of 1904 is known as one of the largest catastrophes Baltimore has ever faced. 1,500 properties were destroyed.

Who do you think will pay for the politician's proposed "free college"?

If you want to make it in real estate, become financially independent, escape the crappy rat race, you know that will give way to automation, outsourcing, you know the static existence universities, colleges, and politicians have conditioned us to believe will continue to exist forever?

It would have horrible unintended consequences for future lending in CA as well.Hey thanks everybody, this is good feedback, I agree that its unlikely to happen, but with cities ( Politicians ) looking for revenue and coming up with ideas like these that could hurt investors its worth considering.

You also have the banks with very deep pockets to be able to bribe politicians into passing legislation on other agencies while protecting the actual criminals.

I think you have to vote on it before you can understand it :)(or at least for Bill)I admire anyone attempting to make sense of the tangential vagaries of an obscure legal dissertation that’s in the guise of an implied 'consumer protection law' written by addled minded politicians.

Bitcoin and Ethereum can provide a non-fiat solution that will prevent our politician's misguided attempts of a solution.