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As long as California is willing to pay market value for said house, then sure. Otherwise, they have no more right to my property than anyone else. The USA isn'
by stjohnswarts 5y ago
As long as California is willing to pay market value for said house, then sure. Otherwise, they have no more right to my property than anyone else. The USA isn't a communist country or a dictatorship, and property rights dominate except in the most dire circumstances. So it really isn't a “solved problem”. What would work is shutting the NIMBY's down and letting housing get rezoned by developers for multi-home units.
- i_am_proteus 5y agoHow does one determine the correct "market value" of a property where government zoning laws prevent building more dense housing? Perhaps you advocate for removing these zoning laws and then letting the market clear?
- ZeroGravitas 5y agoThe property rights absolutist solution would be to build a wall on publicly owned land blockading the private property and reducing its value to nothing and then buying it from the owner at its new market price of zero. When this happens in real life they can apply to the government for an easement, but that's practically communism, so we wouldn't allow that in this thought experiment. https://www.investopedia.com/terms/l/landlocked.asp https://www.investopedia.com/terms/l/landlocked.asp
- stjohnswarts 5y agoMarket value is market value. Any competent real estate agent can give you a decent estimate.
- PostThisTooFast 5y ago"Work" how? By lining developers' pockets and ruining already-residential areas? So now we'll have overpriced multi-unit monstrosities where a single house stood, covering more ground with concrete, destroying trees, and inviting MORE people to live in an area facing severe drought. BRILLIANT. "You're posting too fast. Please slow down. Thanks." No, YOU'RE A BUNCH OF USER-ABUSING JAGOFFS, HACKER NEWS. PISS OFF. THANKS.