Larry Williams Drive

Perspective with Ryan Bridge: These RMA changes hit the nail on the head

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Sinopse

These RMA changes hit the nail on the head by putting private property rights front and centre. These rights are basically what keeps rich countries rich and their absence keeps poor countires poor. If a council wants to infringe on them, it should compensate you for it. And these changes lower the threshold for compensation, which is a good thing. Want to suddenly invent a Significant Natural Area or label something 'heritage'? Well, that may cost you, Councillor. It'll make councils think twice before imposing some of this stupid stuff on property owners. We've had too examples of councils just making these up and restricting land use on a whim. On an airy fairy idea. The reason property rights are so important is simple. You use your land as collateral to borrow. To build. To invest. Owning acts as an incentive to build assets. It creates growth and production. This production is then taxed. The taxes pay for nice, communal things that everybody likes. Like classrooms and hospitals. What we need now is for