A Cool Dude@lemmy.ml to Asklemmy@lemmy.ml · 11 months agoIn the USA, can you lose your home even after it is 100% paid off?message-squaremessage-square131fedilinkarrow-up1148arrow-down14file-text
arrow-up1144arrow-down1message-squareIn the USA, can you lose your home even after it is 100% paid off?A Cool Dude@lemmy.ml to Asklemmy@lemmy.ml · 11 months agomessage-square131fedilinkfile-text
minus-squaregrue@lemmy.worldlinkfedilinkEnglisharrow-up28·edit-211 months agoNot true! It’s also used to seize property from existing owners in order to hand it off to private developers (see Kelo v. New London).
minus-squarecaptainlezbian@lemmy.worldlinkfedilinkarrow-up16·11 months agoBut when we want passenger rail we have to buy the land at full price as set by the landowner no matter how much they’re gouging
Not true! It’s also used to seize property from existing owners in order to hand it off to private developers (see Kelo v. New London).
But when we want passenger rail we have to buy the land at full price as set by the landowner no matter how much they’re gouging