If the heritage proposals go awry it could represent a serious assault on private property rights for residents of Thorndon.

Last year the New Zealand Institute for the Study of Competition and Regulation Inc. explored some high-profile events that highlight the inconsistencies inherent in New Zealand’s fragmented approach to property right protection. On Page 14 of the July 2009 edition of the Institute’s newsletter a case is outlined for compensation when these rights are violated as a consequence of local-government decisions.