Supreme Court Limits Property Rights

"The Supreme Court ruled yesterday that the Constitution does not require governments to pay compensation to landowners when agencies temporarily prohibit them from building on their land, a decision that strengthens the hand of environmental regulators against the conservative-led "property rights" movement. By a vote of 6 to 3, the court rejected the argument of a group of California property owners that government freezes on development are tantamount to official seizures...of private property and require compensation. Rather, the court held that such claims must be considered case by case, balanced against other factors such as the duration of a development moratorium and the government's reasons for it."

Thanks to Abhijeet Chavan