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cbabe

(6,814 posts)

6. Eminent domain. Used to be used for public works such

Reply to cbabe (Original post)

Wed May 13, 2026, 02:04 PM

Wednesday

as schools, highways, etc.

Can now also be used for ‘higher purpose’. I recall a mall built on seized land (years back/east coast). More tax revenue.

I asked my banker buddy why anyone would give a mortgage if property can so easily be taken.

He tight-lipped shrugged.

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