I think the more appropriate question is "how much less would you pay for property next door to someone with laissez faire property?"
You mean, how much MORE would I pay?" That is, assuming that my own property was also laissez faire.
If he appreciated his property's value and sincerely upheld the live and let live doctrine, that neighbor would be a valuable asset and an enhancement to my own property's value. He would stand by me in future proposals to impose regulations.
On the other hand, if I had a neighbor who was a complainer about what other people did with their property, he would be a serious liability and a de-valuation of my property.
The answer is that I would pay much less. Maybe my neighbor to the back of me only wants to raise 4 pigs this year but maybe he will be decide to raise 400 next year.
My neighbor to the south has not updated his septic system for years. We drilled a new well further away from his place.
My neighbor to the north is a fisherman and his wife is a crab picker. Their compost is plenty fragrant!
Oh yeh, I forgot to mention that I live in Maine where zoning is almost nonexistent and I bought my little farm for next to nothing.
1. What are the odds of a neighbor raising 400 pigs? About a zillion to one?
2. How far was your old well from his septic system? Was it less than 100 feet? Did your old well get contaminated. Could you prove it was from his septic system?
3. How far is your neighbor's compost from your home? Is it "plenty fragrant" at your home, or is it only when next to it?
4. Zoning almost nonexistent? Great. Bought it for next to nothing? Also great. How many acres? You could probably sell it for a nice profit. If Maine winters weren't so harsh, I might even buy it myself.
We moved to Maine because it is has a laissez faire attitude about property rights AND low prices....
So you DO like laissez faire. Congratulations. I'm sure that enduring your neighbors' septic systems and compost is not nearly as undesirable as being molested by "swarms of officers" coming to harass you and "eat out your substance."
I was thinking more along the lines of "reasonable" restrictions.
I would prefer a neighborhood that restricts the worst while allowing everything else....
A lot of people fall for "reasonable." Unfortunately, you can't precisely define it in legal terms. It is the nature of government to overregulate and add to the misery. Let the camel stick his nose under your tent, and the next thing you see is him inside defacating all over your $500,000 Persian rug.
Next time I buy property, I'm looking for something that is next door to nobody. A good neighbor is one at shouting distance and no closer.
Good idea. That minimizes the danger of being next to a busybody.
...People are funny with property and regulations, they think government should exist to protect their investment.
I want to be protected from criminals and government intrusions.
I agree that there is or should be a reasonable standard....
The irony, for those who favor small gov't and local control, is that like minded people will choose to vote in the restrictions and amenities that help to maintain a homogenous affluent community. It is certainly not a "liberal" or big gov't impulse. It is a tribal /wealth impulse.
Again, the camel and the tent.
A person who is genuinely small government understands the importance of keeping it small and would strongly oppose incentives to make it bigger.
Of all things I can imagine devaluing property, government intrusions would be at the very top of the list.
In areas where properties are closer together, regulation is needed, especially in suburban centres. In rural areas, I don't see the problem with a more laissez faire approach....
That's my primary reason for choosing a rural area. Giving up conveniences is well worth it.
...Sometimes what you do on your property affects my property or my life. If you are going to open a pig farm on your property I won't pay a dime for the property next to you.
I believe in the sanctity of private property. You have your property. I have mine. You build and manage your home as you like. I do likewise.
Unless something I do physically intrudes (trespasses) onto
your property, you should not complain. If I let my sewage drain onto your property, you have a legitimate complaint. We already have laws against trespassing, even with unregulated property.
But nobody should complain about a person's home or property being unsightly or being different from his.
And why is everybody obsessed with pig farms? I'd be a lot more concerned about things put up by government--a prison, airport, or (heaven forbid) a public housing project.