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The most recent eminent domain case I'm familiar with was the school board wanted to build a new elementary school. They managed to get 90% of the lot except 1
by yardie 9y ago
The most recent eminent domain case I'm familiar with was the school board wanted to build a new elementary school. They managed to get 90% of the lot except 1 owner. Everyone else was fairly compensated except he wanted 10x market rate because why not. This guy assumed taxpayers had unlimited amounts of money to pay his price. And this is when cases of eminent domain are usually invoked.
The road you travel to work on, the school you went to, the park you play in if you ask enough questions you'll find out someone was an unwilling seller when it came to building it.
- brewdad 9y agoWhere I've seen eminent domain fall down most often comes when you consider the lost value to property owners "just outside" the development zone. Say you own the house right next to the new school being built. Your home may well lose value due to the increased traffic and noise but you won't see a penny in compensation in most cases.
- HeyLaughingBoy 9y agoThat has nothing to do with Eminent Domain. The same thing would be true if the owner of the land willingly sold it for a song.