Another bleak Supreme Court decision for property rights

Source: Cato Institute
by Roger Pilon

“Property owners have long suffered under the Supreme Court’s erratic rulings. It got worse last Friday when the court ruled against owners who wanted simply to sell their property. Both facts and law in Murr v. Wisconsin are complicated. But in a nutshell, the Murrs, four siblings, inherited adjoining lots on the St. Croix River that their parents had purchased at separate times in the 1960s, building a home on one and keeping the other as an investment. Deeded and taxed separately, the two lots remained so to the present. But in 1975 a local zoning ordinance combined the lots. The effect, as the Murrs discovered in 2004 when they sought to sell the investment lot (valued at $410,000), was to prohibit them from doing so unless they sold the other lot and house with it.” (06/28/17)

https://www.cato.org/publications/commentary/another-bleak-supreme-court-decision-property-rights