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The Obamacare of Real Estate(Comments Off on The Obamacare of Real Estate)

March 27, 2014

Top Senate Banking Committee members released plans this week to wind down mortgage giants Fannie Mae and Freddie Mac and replace them with a complicated apparatus disturbingly similar to Obamacare. While the proposal by Senators Tim Johnson (D-SD), the chairman, and Mike Crapo (R-ID), the ranking member, was announced with great fanfare, it simply follows […]

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Taking the Bogey Out of Government-Run Golf

How many golf courses does the Commonwealth of Virginia own? No, that is not a ‘how many people does it take to screw in a light bulb’ question. Owning and operating golf courses is not a core government function. It is effectively competing against private enterprises that usually do the job at a lower cost […]

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Unnoticed Private Property Victory

The U.S. Supreme Court on June 25, 2013, said “Extortionate demands for property in the land use permitting context run afoul of the (Constitution’s) Takings Clause not because they take property but because they impermissibly burden the right not to have property taken without just compensation.” What does that mean? Last week the news media […]

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Zoning Out on Property Rights

A little-noticed vote in Richmond last week shows the difficulty of keeping government within reasonable bounds when a significant private-sector player, allied with officialdom, seems to prefer the status quo. A bill to make life easier for farmers with small commercial sidelines lost by a wide margin in the Senate Agriculture, Conservation and Natural Resources Committee, even though the […]

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