Rent control and takings
Supreme court denies cert in a case challenging rent control as a taking, subject to compensation. Increasingly, you’re losing your property rights and all rights are property rights.
Remember, I do this to entertain me, not you.
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April 24th, 2012 at 11:07 am
I think your link is wrong…
(takes me to Galco…)
April 24th, 2012 at 11:25 am
also, you’re*
April 24th, 2012 at 12:22 pm
Of course if they want affordable housing, they could always tax and subsidize, but then that would put the costs on the books in the open for anybody to see instead of being carried by a few landlords…
April 24th, 2012 at 1:07 pm
It depends on your state. In some states, land is a freehold, in others it’s something you rent from the state. Don’t remember the word offhand.
April 24th, 2012 at 1:09 pm
Allodial.
April 24th, 2012 at 7:20 pm
SCOTUS would do a doubletake if THEIR property was deemed ‘rent control’ zones.
Nothing like getting your ox gored to see the light.
April 25th, 2012 at 4:26 am
That would never happen though, Paul. Politicians and bureaucrats aren’t that stupid. Remember, government’s job is by its very essence, stealing from the people and giving to the politically connected.