Quote:
Originally posted by Tyrone Slothrop
If you're getting compensated for the market value of your property -- fairly, let's suppose -- and for things like relocation, what about the property right isn't being protected? Your argument is circular: Why do you oppose urban renewal in this case? Because you want to protect property rights. What's to the property right if someone is compensated? It's the right not to have your property taken for urban renewal.
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It's the right to control disposition, which has long been recognized as having some value. Bear in mind that property is unique, and is recognized as such. One can't breach a contract for sale of property and pay merely damages to escape (well, if the damages are high enough to settle the case you can).
