It is my understanding that recent court rulings have said that an increase in the tax base may be considered “in the public good.”
This scares the hell out of me. If I don’t want to sell to a developer, instead of them trying to find another piece of land, they can just go to the county gov’t and get them to condemn my property.
It’s happening in Alabaster, Alabama, with Wal-Mart. There’s a law pending in Georgia where negotiations with developers can be kept secret.
It is most definitely different, because the land is being condemned only because the homeowners will not sell to a private developer. The county is getting involved in what should be a purely private matter. They’re not trying to build a new school or a road. Pfizer can’t get the property owners to sell to them, so they asked New London to take the land. If we have no private property rights, then our society is doomed, I fear.
I live near some orange groves. Those orange groves have been sold to a developer to build multi-million dollar homes. My home is not a multi-million dollar home. How soon before they start to eye our little cul-de-sac?
If you think about it, this is a prime example of the rich vs. the poor. The poor are being squeezed out in favor of the rich.
We can only hope SCOTUS rules in favor of Kelo, otherwise no one’s property will be safe. The days of investing in real estate will be over. You will be forced to sell, whether you want to or not, fair market value regardless. What if you absolutely don’t want to move? Too f—ing bad. Move. We want your land.
I plan on writing my local government representatives about this.