Institute for Justice: Property Rights: Doomsday? No Way

Institute for Justice: Property Rights: Doomsday? No Way

A study measures the impact of eminent domain reform on construction jobs, building permits, and property tax revenues: "The data reveal that post-Kelo reforms have provided greater protection to homes and small businesses without sacrificing economic health; securing property rights and stimulating economic development can coexist. With no ill economic effects--and with the substantial benefits strong reform provides the rightful owners of property and society as a whole--legislators nationwide should be encouraged to keep good reforms in place while pursuing new and stronger safeguards against eminent domain abuse."