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Guest Post on Regulatory Takings — 1 Comment

  1. Many regulatory decisions by governmental entities have an impact on nearby properties, even though such properties may not be regulated by the decisions. If government is obligated, each time such a decision is made, to pay compensation to nearby properties who claim to have suffered any negative, though indirect, economic impact, government will be stifled. Horney v Norwood has already done that. Tea Party partisans may hail that result, but…

    But does that really make sense?