I read the zoning code start to finish before I put in an offer on this house. I purchased a basket of goods: * this land * this house * the right to NOT have structures on land <= 30' beyond my borders * MINUS the right to build structures on land <= 30' within my borders https://twitter.com/DCLcoins/status/1186665983689330689 …
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3/ "I oWn ThiS LaND yoU CaN'T OwN the MINerAl RiGHts" except people want to sever rights, sell of certain aspects and retain others, bundle, separate into tranches, etc. Property and trade creates utility.
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4/ I tussled with my friend
@amyalkon on this a few months ago. Amy on the one hand dislikes zoning stopping more development near her ...but on the other hand, dislikes intrusive noises from car alarms, etc. LOTS of distinct rights here, and how they get bundled is interestingShow this thread -
5/ And then there's the whole intersection of "reparations are wrong because all those people are dead" and "inheritance tax is evil because people should be allowed to pass on assets to future generations". DO YOU EVEN CONSISTENT, BRO ?
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6/ It is often the case that initial distribution of rights is arbitrary or even evil (see Moldbug's last Tlon blog post), and yet utility is created for innocent people born into the aftermath by rule of law and predictable application of regulations Every alternative is worse
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8/ So, anyway, 5.5 years ago I purchased this farm and the right to not have my neighbor build closer than 30 feet to my land. And he's violating my property rights. I paid money for that basket of goods, and I intend to keep them.
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9/ And if three guys who all went to high school together (the neighbor, the incompetent and law-breaking building inspector, and the not-as-smart-as-he-thinks-he-is leader of the zoning board) think they can !@# me over without me fighting back well they'll learn a thing
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10/ Neighbor either inherited it before or just after the zoning code came into effect; not sure. So see my specific statement about "distribution of property rights is arguably bogus, but ..."https://twitter.com/tigerboy74u/status/1186668991005069314 …
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