Not anymore. FAA's new drone regulations are aiming to reclaim what used to be private airspace.

Want to fly a 1lb foam hobby RC plane over your own property? Previously, you just could, and no one cared so long as you didn't interfere with full-size aircraft. Today? Illegal if you don't pay FAA for a license to fly your toy. And next year? Illegal if you don't also install an ID module in your 1lb toy plane, which must broadcast your GPS location while it flies, along with other telemetry data (unencrypted, for the purpose of law enforcement locating the pilot).

The purpose of the restrictions on what used to be toys is to allow law enforcement and certain companies to fly right over your property without restriction. It's also really disheartening for the few people left in the hobby, because the ID module law is about to kill off what's left of the community.

It absolutely does. The FAA restricts airspace up to 5 stories from the ground. You explicitly do own some airspace, but the state is desperate to keep that well below 5 stories. I think I've heard they've been trying to get it as low as 20 feet above the tallest building. I could have sworn I've heard it's somewhere around 100' to 150' feet.

That being said, this is just what I can remember, I'm probably wrong.

Depends on your local government