> aren't zoning rights just as real as property rights, that The Market respects?
No. "zoning rights" are not rights, they are rules applying to property that people own _and are subject to change_ much more fluidly than the ownership itself.
No. "zoning rights" are not rights, they are rules applying to property that people own _and are subject to change_ much more fluidly than the ownership itself.
The former is much, much larger. The latter is more like 2 wolves and 1 sheep voting on who's for dinner.
And never, never forget that a lot of zoning and land use regulation was basically created to replace outright racist policies like redlining.