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.
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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.