TITLE

Growth unfettered

AUTHOR(S)
Kraker, Daniel
PUB. DATE
November 2007
SOURCE
High Country News;11/26/2007, Vol. 39 Issue 22, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the effects of the initiative Proposition 207 that allows Arizona property owners to demand compensation if a new government regulation reduces the value of property. It informs that the initiative was one of six similar initiatives on Western states' ballots last November 2006 that were touted as ways to limit the ability of local governments to use the power of eminent domain to take private property. It accounts the experience of Jon Regner who bought a real estate property in Flagstaff with the intention of adding a duplex outback to help pay the mortgage and filed a Proposition 207 claim against the city for devaluing the property worth $168,000 under anti-takings legislation.
ACCESSION #
27738569

 

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