3 ms·

Watch you don’t apply this reasoning to your own house.

• toolz 4y ago
  eminent domain is used in this way, and I don't really agree with the rule, but there is an argument to be made for my land being taken over because it serves some other purpose better than it serves me.
  • SoftTalker 4y ago
    You are also paid "fair market value" in emminent domain takings, they don't just seize your property. IDK what Nissan Motors offered Mr. Nissan for the domain but I'm guessing it must have been a case of "it's not for sale" because they probably would have paid nearly anything he asked if he'd been willing to name a price.
• missedthecue 4y ago
  Eminent domain would be a possible analogy in the context of real estate. Though you are correct that very few people argue for eminent domain against their own land holdings.
• adastra22 4y ago
  Arguably, we should. Henry George claimed that a more just society could be achieved with a near-100% land-value tax. If your house sat on valuable land, you would very quickly get pushed out by being unable to pay the land-value tax. Georgists (of which I am one) believe this results in a society that is better overall than the one we live in today.