Public Restrictions on Ownership 9/13/12

Public restrictions are created by the Government. Such restrictions include: Taxation, eminent domain, police power, and escheat. 
It makes perfect sense that the amount of tax you will pay is based on a percent of the value of the property. What I didn't know was that there were lower tax burdens for people such as the elderly or disabled. http://cms.oregon.gov/dor/ptd/docs/310-676.pdf 
This is a document explaining the exemptions available to disabled verterans and what qualifies you for these exemptions. One point in this document that I found interesting was that the exemption will increase by 3 percent each year, and it applies not only to the home itsself, but also to their personal property.

The government is able to acquire properties for public use using just compensation and inverse condemnation. 

An example of just compensation that majority of people recognize quickly is the new Cowboys Stadium in Arlington, Texas. http://www.wfaa.com/news/local/64582162.html This is an iconic feature to Arlington and of course it didn't happen without some families resisting. If I were put in this type of situation, it would be hard for me to give my home up also. I think this is an area that could be a little bit controversial since people are being forced to move whether they want to or not. 

Inverse condemnation is another instance in which money could be received.  http://www.opposingviews.com/i/politics/17-million-judgment-tossed-texas-oil-case
This is a case that occurred in Houston, Texas due to oil drilling. These people felt that their property had been damaged because of it and were looking to be reimbursed. It wasn't looking like it was going to hold up in their favor at first, but once the Supreme Court got a chance to review it, things turned around for the better.