Fair Market Value Compensation for Takings is Often too Little, not too Much
Takings Fair Market Value Compensation for Takings is Often too Little, not too Much Fair market value often fails to fully compensate property owners for their losses. This makes the Supreme Court's recent decision allowing compensation below fair market value even worse. Isabella County, allowing below-market value compensation for tax foreclosure takings is wrong.
- ▪Takings Fair Market Value Compensation for Takings is Often too Little, not too Much Fair market value often fails to fully compensate property owners for their losses.
- ▪This makes the Supreme Court's recent decision allowing compensation below fair market value even worse.
- ▪Isabella County, allowing below-market value compensation for tax foreclosure takings is wrong.
Opening excerpt (first ~120 words) tap to expand
Takings Fair Market Value Compensation for Takings is Often too Little, not too Much Fair market value often fails to fully compensate property owners for their losses. This makes the Supreme Court's recent decision allowing compensation below fair market value even worse. Ilya Somin | 6.23.2026 5:11 PM <img fetchpriority="high" decoding="async" class="alignnone size-medium wp-image-8389993" src="https://d2eehagpk5cl65.cloudfront.net/img/q60/uploads/2026/06/Grasping-Hand-2-245x300.jpg" alt="" width="245" height="300" data-credit="NA" srcset="https://d2eehagpk5cl65.cloudfront.net/img/q60/uploads/2026/06/Grasping-Hand-2-245x300.jpg 245w, https://d2eehagpk5cl65.cloudfront.net/img/q60/uploads/2026/06/Grasping-Hand-2-837x1024.jpg 837w,…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Reason.com.