Helloman unfortunately
the feds would disagree with you on who owns the airspace and in what amounts above your property (
Also, legally, you own all the airspace above your property to infinity there is no limit.). And without a doubt they regulate it.
From an analysis by the Aircraft Owners and Pilots Association of a lawsuit by a property owner against a nearby small airport:
The landowner's claim raises some fundamental legal principles about the ownership of land and the airspace above the land. These principles have been developing over time. In early
common law, when there was little practical use of the upper air over a person's land, the law considered that a
landowner owned all of the airspace above their land. That doctrine quickly became obsolete when the airplane came on the scene, along with the realization that each property owner whose land was overflown could demand that aircraft keep out of the landowner's airspace, or exact a price for the use of the airspace. The law, drawing heavily on the
law of the sea, then declared that the upper reaches of the airspace were free for the navigation of aircraft. In the case of
United States v. Causby,[SUP]
[3][/SUP] the
U.S. Supreme Court declared the navigable airspace to be "a public highway" and within the
public domain.
At the same time, the law, and the Supreme Court, recognized that a landowner had property rights in the lower reaches of the airspace above their property. The law, in balancing the
public interest in using the airspace for
air navigation against the landowner's rights, declared that a landowner owns only so much of the airspace above their property as they may reasonably use in connection with their enjoyment of the underlying land. In other words, a person's real property ownership includes a reasonable amount of the airspace above the property. A landowner can't arbitrarily try to prevent aircraft from overflying their land by erecting "spite poles," for example. But, a landowner may make any legitimate use of their property that they want, even if it interferes with aircraft overflying the land."
[SUP]An example of the last part might be that you can build a 3 story barn in the back lot which would keep the aircraft higher but you couldn't string a bunch of wires at the same height (spite poles) that had no other use than to prevent air navigation. And once we are 'regulated' and some yokel decides he wants some target practice then it will be a federal crime with damage to an aircraft. Not taken lightly by the FAA or the FBI.
Hopefully we will end up with some form of requirements that are based on the current FAR's (no reason to re-create the wheel) mixed with some advisory circular from Model Airplane circular with some new stuff thrown in for the advances in technology. Lots of other countries have already come to grips with this and have done something similar.
[/SUP]