On 06/27/05 01:59 pm no mail tossed the following ingredients into the
ever-growing pot of cybersoup:

The Supreme Court on Thursday ruled that local governments may seize
people's homes and businesses, even against their will, for private
economic development.

http://www.wusatv9.com/news/news_art...?storyid=40692
http://www.wusatv9.com/news/news_article.aspx?storyid=40692

The thing I don't understand is that why the property owners can't be
compensentated more. If they are ofered 150% of the property value, I
don't think there will be many people who will complain.

If that piece of land is so valuable to the government, the government
should pay more than its market value.

I think the municipality should reckon compensation on the basis of the
resultant commercial zoning. E.g., Individual A's property is a% of the
total area whose commercial value is $X million, so s/he gets a% of $X
million rather than "fair market value" of the residence being taken.

Perce