Agricultural runoff, whether it is fertilizer causing fish killing hypoxic zones via red tides, pesticides being accumulated in aquatic life and working its way up the food chain, or propagation of parasites via, say, pig shit, hazardous runoff does need to be addressed. In addition, in some locations, such as certain counties in Florida, the “pond created for livestock” exception has been abused by would be land developers to create property value enhancing “Water views”. However, it is also true some of the EPA legal actions have effectively denied property owners reasonable right to utilize their property. In a state that has condemned private property for expansion of wildlife protection areas only to later sell the same property to a politically connected developer is quite damning for the system.
Other examples of the EPA engaging in massive transfer of wealth among real estate holders involves super fund laws such as CIRCLA, where a previous property owner has his property potentially unfairly devalued for the benefit a future politically well connected property owner. It is true some sites need remediation, but one look at a environmental map, such as can be seen on city-data.com, shows the majority of properties being affected by these laws.
Further, in order to transact most, if not all commercial real estate, a site survey must be completed by an environmental engineer. This introduces another method potentially of effecting the fortunes of those who are politically well connected from those who are not where corruption lurks.
In addition, in new construction, there are various energy efficiency and safety laws that require the builder to pay into a system that benefits from heavy regulation. The net effect of over bearing regulations, selective enforcement, is increased cost and risk of owning real estate in this country. One of the major selling points of our economic and political system was the relative free ownership of property. Free from excessive Government intrusion, that is.
As our rights increasingly become impinged, our incentive to be productive and to take risks is reduced, resulting in reduced economic opportunities, reduced standard of living, and increased discontent. Excessive Government regulation and control is polluting the American Dream.