Pung v. Isabella County · ¶71

Just compensation ordinarily requires paying the owner the fair market value of his property. As Blackstone wrote, the government must provide “a full indemnification and equivalent for the injury thereby sustained.” 1 Blackstone 135; accord, Kelo, 505 U. S., at 510 (THOMAS, J., dissenting). The owner must be placed “in as good position pecuniarily as he would have occupied if his property had not been taken.” United States v. Miller, 317 U. S. 369, 373 (1943). In other words, “[h]e must be made whole.” Olson v. United States, 292 U. S. 246, 255 (1934).

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