thereisnospoon
Gold Member
There is a fine line there. In the Connecticut case, it was seen as a chance for the city of New London to get a new lease on life. Remember, the entire case was for the benefit of a very small number of "holdout" property owners who would not have sold for ANY amount.Where do they stand on eminent domain for real estate developers?
Considering it was Republicans who handed down that decision they could be pretty cool with it.
I've been a Realtor and real estate instructor for over 40 years. In most Realtors and my personal opinion, it was a terrible decision. Florida produced legislation blocking their decision in our state.
I think we can all rationally think this through and come to the conclusion that the public suffers from the actions of a few. That isn't right.
The Fort Trumbull project benefit was for the entire city. The influx of people of higher incomes, the businesses which generate tax revenue, the new parks and residences. All of it had sought to improve the city as a whole.
There comes a time when even the most sacrosanct of rights cannot be held as absolute.
I am a staunch supporter of private property rights. I am also in full support of the right of individuals to live in a place of their choice so as long as they can afford to live said place. I am also opposed to those who believe that choice to live in place of one's choice is somehow unfair and those who leave the urban centers somehow "owe" some sort of compensation to the nearest urban center. The tentacle of a city government also should have limits. Hence the reason why I despise the policy of involuntary annexation.