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A comment on A cautionary tale from the streets of San Francisco. Parent comment

Re:A cautionary tale from the streets of San Francisco by i_am_proteus on Sunday October 24, 2021 @06:04AM (#28976429)
How 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?

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Re:A cautionary tale from the streets of San Francisco by stjohnswarts on Tuesday October 26, 2021 @12:11PM (#29002213)
Market value is market value. Any competent real estate agent can give you a decent estimate.
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Re:A cautionary tale from the streets of San Francisco by ZeroGravitas on Sunday October 24, 2021 @07:36AM (#28976965)
The 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

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