Comment Re: The answer is always market distortions (Score 1) 49
I'll give you a hyperlocal example from my neck of the woods west of Boston.
The Concord Rotary along MA Route 2 in Concord, MA. Massive traffic bottleneck. The state has slowly been upgrading the part of Rte 2 between 495 and 95 to a limited access expressway. But when they got to this particular place, all the people whose house values would drop by openning up an easier commute to Boston upstream of the traffic bottleneck (thereby increasing the pool of desirable housing and thus lowering values of currently desirable housing downstream of the bottleneck) sued to stop the project on environmental grounds. In this case, taking away rights would entail taking away the right to use the courts to buffer your home values from natural market forces happening away from your property lines. All for it.