Vermont Acts to Check Land Speculators, Developers
In recent years, the frantic pace of land speculation and development in rural areas of the Northeast has threatened to alter irreversibly the traditional character of New England. As urban environments deteriorate, residents of New York, Boston, and other cities have begun in increasing numbers to buy second homes in Vermont, New Hampshire, and Maine. Occasionally, a locality has tried on an ad hoc basis to stem the tide of developers and their customers: In Steel Hill Development, Inc. v.