Re: Court: Cities May Seize Homes For Economic Development
Quote:
Originally posted by AGDee
Court: Cities May Seize Homes For Economic Development
POSTED: 11:56 am EDT June 23, 2005
UPDATED: 12:38 pm EDT June 23, 2005
WASHINGTON -- The Supreme Court ruled Thursday that local governments may seize people's homes and businesses against their will for private development in a decision anxiously awaited in communities where economic growth often is at war with individual property rights.The decision has huge implications across the country, where rapidly growing areas face competing pressures of development versus property ownership rights.
The 5-4 ruling is a defeat for some Connecticut residents, whose homes are set to be destroyed to make room for an office complex.
the full article
<shaking head sadly> This is nuts!
Dee
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This is more than nuts...
It is definitely a blank check for larger corporations etc to run amuck over lower income areas in the name of "economic development".
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