Right, and that's how property values go down. My neighbors no longer want to live near me, so they sell their houses, and they can't sell them for as much because people aren't going to pay as much to live near the 9/11 guy. That, in turn, drives down the property values of my own home, as the neighborhood is suddenly inhabited by poor people and the 9/11 guy.
The other possibility is that I simply wouldn't be able to move to a nice neighborhood because real-estate agents know what would happen if they allowed me to move in to one of their homes.
Right, and that's how property values go down. My neighbors no longer want to live near me, so they sell their houses, and they can't sell them for as much because people aren't going to pay as much to live near the 9/11 guy. That, in turn, drives down the property values of my own home, as the neighborhood is suddenly inhabited by poor people and the 9/11 guy.
The other possibility is that I simply wouldn't be able to move to a nice neighborhood because real-estate agents know what would happen if they allowed me to move in to one of their homes.
Unless you own your home, and if society can't force you off the land then you are now damaging your neighbors' property (value).
(not that I think society should be able to force out a property owner, but it does create a minor paradox)