In what will probably go down as one of the most important Supreme Court decisions in all of U.S. history, The Supreme Court rule today 6-3 against Chevron Deference which we can hope will mean the start to the dismanteling of the adminstrative state that has a choke hold on the U.S. It’s going to depend of course if Congress has the courage to start gutting these agencies. I expect this to be good news for real estate development in general.
Here’s a take from Doug Sheridan on LinkedIn. He does a great job of briefly explaining the impact.
Here’s Laurence Tribe’s tweet about the decision.