The State of Florida has won out against angry private property owners who have abruptly had their beach-front property into beach-view property, dramatically decreasing the value of their homes. The state argues that the sand that it has installed on eroded shorelines belongs to Florida, not to the homeowners, and that as a result, that strip of shoreline is not public, not private, beach.

Homeowners moved quickly to contest the ruling, demanding compensation for the loss. However, possibly partially due to fear of suits from gulf-shore property owners attempting to recoup losses caused by the spill and potentially exacerbated by sand berms, the Supreme Court ruled that the state of Florida owns the sand that it added to the beaches, and therefore can decide what it wants to do with that sand and if it wants to declare that sand public property.

While 4 justices did argue that the ruling essentially allowed Florida to take property from private owners without compensation, the court eventually ruled that no property was taken and that historical regulation of beach property in particular allows for this type of change. The ruling was unanimous.

Do you think this ruling is fair? How will it impact your potential investment in beachfront property?

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