Thursday, April 25, 2013

Property Rights and Lake Cd'A | Cato Institute

Property Rights and Lake Cd'A | Cato Institute: "In 1976, the Court ruled that cities did not even need the excuse of a possible nuisance to regulate land. Instead, cities could take away most uses — and most of the value — of someone’s property for any reason at all, so long as they allowed some use, even if that use did not have much value."

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