Local Historic Designation - Hampton Terrace

In the latest Creative Loafing there is a story about the "preservation vs. property rights in Seminole Heights" regarding the push for and fight against historic preservation in Hampton Terrace area.

One comment struck me:

""If the neighborhood truly wants this as a whole, we'll go along with that," Walsh says."

"Warren interrupts: "Oh, not me. Nobody can force me. Even in a democracy, we have certain unalienable rights like property rights.""

Hmm. So what exactly does that mean? I know that property rights are not absolute, hence zoning and code enforcement, and of course eminent domain.