'Supreme Court Rules Cities May Seize Homes'

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nepenthe
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Post by nepenthe »

It is an extension of laws enacted in the past. In NJ, we have seen million dollar properties wrenched from the hands of their owners for highway development for quite sometime. The same has been happening along the Jersey shore. NY developers see relatively inexpensive beach front real estate (compared to the Hamptons) as "gentrifiable", littering the beaches with three quater of a million dollar plus condominiums.
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Izzo
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Post by Izzo »

nepenthe wrote:It is an extension of laws enacted in the past. In NJ, we have seen million dollar properties wrenched from the hands of their owners for highway development for quite sometime. The same has been happening along the Jersey shore. NY developers see relatively inexpensive beach front real estate (compared to the Hamptons) as "gentrifiable", littering the beaches with three quater of a million dollar plus condominiums.

sure it's an extension of eminent domain ..with this garbage cities now have broader power to enforce it and with the wealthy developers behind them filling the bureaucrats within said cities it just reeks


it doesn't take a rocking scientist ;) to figure out that an office building or a mal would generate more revenue than a family of 4 that's been living in a house for the last 20 years .. it appears that's all the proof a city needs now to say ... ya gotta go ..

I've seen evidence recently with Best Buy in building their new headquarters here ... over 150 homes were razed to make way with the city footing part of the bill for them to relocate(Best Buy) ..while at the same time telling said residents ....sorry ..nothing we can do ... hmmm
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CiscoKid
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Post by CiscoKid »

[quote="Izzo"]sure it's an extension of eminent domain ..with this garbage cities now have broader power to enforce it and with the wealthy developers behind them filling the bureaucrats within said cities it just reeks


it doesn't take a rocking scientist ]
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Post by CiscoKid »

Here in Stockton, they used to have a neighborhood called "Chivo Valley", the area was demolished for the creation of highway 4 connecting the I5 freeway and highway 99.

Also, my cousin was being forced out of a house that her parents haved lived in for at least 30 years if not longer to make way for newer homes, office space, and apartments. What the city ignores is that NO ONE, from outside the neighborhood, would even WANT to live there because of the crime, the park across from where my cousin lives was the subject of a Peter Jennings report on crime and gang activity back in the 80's, by the 90's, the park was "closed" (fenced off with barbed wire and the like)
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Brent
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Post by Brent »

this makes me sad :(

i'm hot a homeowner yet, but someday i hope to be
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Zilog B
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Post by Zilog B »

Brent wrote:this makes me sad :(

i'm hot a homeowner yet, but someday i hope to be
You should do it soon man. Interest rates will not be this low again in a long time, and you're spending bank on rent I'm sure.
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YeOldeStonecat
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Post by YeOldeStonecat »

Pales to the project in China....one huge valley turned into a reservoir.
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Noevo
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Post by Noevo »

Zilog B wrote:You should do it soon man. Interest rates will not be this low again in a long time, and you're spending bank on rent I'm sure.
can't he just take someone elses now?
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Izzo
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Post by Izzo »

Noevo wrote:can't he just take someone elses now?

seems like all he has to do is go to the city and tell them he'll pay more in taxes
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Noevo
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Post by Noevo »

Izzo wrote:seems like all he has to do is go to the city and tell them he'll pay more in taxes
Some kind of High Tech Initiative as well and there's no way he can be turned down...unless it's a woman making the decisions :p


:D
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Izzo
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Post by Izzo »

Noevo wrote:Some kind of High Tech Initiative as well and there's no way he can be turned down...unless it's a woman making the decisions :p


:D

Well, then a simple threat to 'zat' her should do the trick. ;)
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