3 ms·
Eminent domain followed by an automatic lease for the value of the rights over whatever period these things are valued at? Would that work? Farmers could quit
by bnjms 5y ago
Eminent domain followed by an automatic lease for the value of the rights over whatever period these things are valued at? Would that work?
Farmers could quit farming and sell their rights by the year.
- bradleyjg 5y agoI don’t follow the automatic lease part of your proposal, sorry.
- bnjms 5y agoTo avoid having to directly pay out to the owners of the property the state can lease the water rights back to the farmers. This way everyone’s unhappy but we escape the status quo and aging farmers could live off the water rights.
- bradleyjg 5y agoI see. You use the time value of money to reduce the total cost by giving back the near term years and only “really” buying from x years out. Clever!