The federal government provides disaster insurance that, Ask an Expert

Economics

The Federal Government provides disaster insurance that helps people to build vacation homes in places subject to flooding, such as sand dunes. Assume the government wants to protect the environment by preventing construction of homes on a specific sand dune near the ocean. If the government takes private property on the sand dune, either by condemning it or by imposing regulations that forbid any construction, should compensation include ort exclude the increase in the value of land cause by government flood insurance?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91924936

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