Assignment task: In this chapter, we learned about some concepts that are near and dear to my heart, namely how the government - and in some cases private parties themselves - can impose restrictions on the use of property. While intuitively most (or at least some) of us think that restrictions that prevent us from doing something can only cost us money, in my experience in real estate I find that smart, well thought out government, and to a greater extent private restrictions (for instance CC&R's) can actually work to our FINANCIAL BENEFIT.
For this discussion, I want you to imagine a place or community you'd like live. Think of a restriction (it has to be legal of course, so it can't limit owners to a certain type of person, or no television antenna, etc.) that you'd like to see AND you think if it was in place might ENHANCE the value of all the properties in the community. In no more than two to three sentences identify the restriction and how you think it could be a benefit-financially.