November 04, 2004

Takings Progress

Apparently, Oregon has passed a referendum reforming takings so that land use rules that merely reduce the value of the land have to be compensated for. By making the cost of regulation visible in the jurisdictional budget, this should radically reduce state and local regulations that reduce property values.

Bravo Oregon!

Posted by TMLutas at November 4, 2004 02:03 PM