Because, hey, it’s not really yours anyway right? You just get to finance it and pay taxes on it.
(From The Daily Caller)
The Murr family owns two pieces of property on the St. Croix River in Wisconsin. They attempted to sell one of their waterfront lots (called “Lot E”) to finance improvements to a cabin they own on the second plot (called “Lot F”). The value of Lot E had been assessed at $400,000. Environmental officials blocked the sale for violating conservation rules. A county board further declared that state law required the two lots be merged into a single piece of property that could not be broken up and sold in smaller parcels.
If effect, the Murr family argues, the government-mandated merger of their properties stripped them of nearly half a million dollars, as they are now unable sell Lot E. They argue this constitutes a violation of the Constitution’s takings clause, which prohibits the government from seizing private property for public use without “just compensation.”