Reddy: If a child repeatedly takes cookies from the cookie jar, sensible parents do not repeatedly say “don’t do that again” and then ground the child for a month once the tenth cookie is stolen.
Restoring Private Property Rights: Regulatory Takings
Municipal regulations like zoning ordinances can infringe on private property rights and distort the housing market. Key points: Private property rights are under threat from municipal zoning ordinances and design mandates. Texas law has failed to adequately protect property owners from regulatory takings. By closing the municipal loophole, Texas can be the national leader in...