Supreme Court Ruling Is Landmark Victory for Property Rights

Contributing sentiments towards policy:

53% : In other words, the fundamental "right to exclude" was trumped when balanced against Penn Central's three-prong test: 1) "economic impact of regulation" 2) "extent to which the regulation has interfered with distinct investment-backed expectations" 3) "character of government action.
53% : It ruled that the Taking Clause of the Fifth Amendment ("[N]or shall private property be taken for public use, without just compensation") applies to the States via the Fourteenth Amendment.
45% : Chief Justice Roberts highlighted, "The essential question is not, as the Ninth Circuit seemed to think, whether the government action at issue comes garbed as a regulation (or statute, or ordinance, or miscellaneous decree).

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