The Government gets flak for selling land under the going price but feels very justified taking it away with writ of legislation....
I saw a ton of this in Washington going on all the time..The people still owned what they bought, but due to legislated land changes, it went from lets say.... 1-5 acre single family residences to 20 plus acre single family residences and they made the rules so invasive that one just couldn't afford to put a home on it. Example, two year minimum paper work before you could put a shovel into the ground, and you better not even cut a tree down while the permit process was going on, or they would slap a 5-10 year moritorium on your property that you couldn't do any thing except to pay taxes on it.
This is not meant as an argument, it is only showing that I see two faces to this issue, and neither one is fair to every one involved.
I saw a ton of this in Washington going on all the time..The people still owned what they bought, but due to legislated land changes, it went from lets say.... 1-5 acre single family residences to 20 plus acre single family residences and they made the rules so invasive that one just couldn't afford to put a home on it. Example, two year minimum paper work before you could put a shovel into the ground, and you better not even cut a tree down while the permit process was going on, or they would slap a 5-10 year moritorium on your property that you couldn't do any thing except to pay taxes on it.
This is not meant as an argument, it is only showing that I see two faces to this issue, and neither one is fair to every one involved.