Not true. The "land use commmittee" in my city just designated my low density, well established residential area as "mixed use". That means a property can be purchased, bulldozed and replaced with a commercial business. The "committee" and city council are owned by the local property developers. My next door neighbor purchased the house over his back fence, bulldozed it and put up a 4 story commercial building to house 4 businesses. My view of the mountains is now mostly obliterated. The occupants of the building have an unobstructed view of my whole backyard. The dark skies I have enjoyed for a few years to observe meteor showers will be overcome by the parking lot lighting for 24 parking spaces in this new commercial building. My property value has been diminished for the enrichment of my neighbor and the city tax coffers.
This ruling would permit my idiot neighbor to petition the city council to seize my home and hand it over to my idiot neighbor for expansion of his business interests. The precedent has been made in my city and the Supreme Court ruling removes all the restraints. Piss off a real estate developer who owns the city council and your home is getting the bulldozer.
Buying homes in established residential areas carry zero risk. This decision sucks, but please don't scare people into thinking the government is about to seize everyone's homes.
This was a residential zone, and with the stroke of a pen, the local politico's turned it into mixed use.