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Sarah Bond

👤 Speaker
147 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
It’s my tree. Why can’t I cut it down?

Anne-Marie knows these property owners.

Planet Money
It’s my tree. Why can’t I cut it down?

A lot of people do.

Planet Money
It’s my tree. Why can’t I cut it down?

They're local businessmen.

Planet Money
It’s my tree. Why can’t I cut it down?

One of them owns a sign company.

Planet Money
It’s my tree. Why can’t I cut it down?

The other two run a trucking company.

Planet Money
It’s my tree. Why can’t I cut it down?

This is how Canton, Michigan ends up at the center of a major legal battle.

Planet Money
It’s my tree. Why can’t I cut it down?

A battle over not just the tree protection law, but about the limits of what cities can even do when it comes to permitting and zoning.

Planet Money
It’s my tree. Why can’t I cut it down?

The Texas Public Policy Foundation is this free market think tank.

Planet Money
It’s my tree. Why can’t I cut it down?

And Chance is a constitutional lawyer.

Planet Money
It’s my tree. Why can’t I cut it down?

He's one of those constitutional lawyers who cares a lot about property rights.

Planet Money
It’s my tree. Why can’t I cut it down?

He says as a kid growing up in Houston, he learned a lot about what it means not to have property rights.

Planet Money
It’s my tree. Why can’t I cut it down?

His parents were renters.

Planet Money
It’s my tree. Why can’t I cut it down?

They didn't own their own home.

Planet Money
It’s my tree. Why can’t I cut it down?

And OK, now the idea of property rights seems simple, right?

Planet Money
It’s my tree. Why can’t I cut it down?

They're what you get to do when you own property.

Planet Money
It’s my tree. Why can’t I cut it down?

But there are limits to your property rights.

Planet Money
It’s my tree. Why can’t I cut it down?

You only get to do what you want up until it affects your neighbors.

Planet Money
It’s my tree. Why can’t I cut it down?

So cities can tell you, for instance, you can't put a slaughterhouse next to a schoolyard.

Planet Money
It’s my tree. Why can’t I cut it down?

And before you build anything, they can make you get construction permits and noise permits and environmental permits.

Planet Money
It’s my tree. Why can’t I cut it down?

So traditionally, that has meant that the government can't physically take your land without paying you for it.