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Originally Posted by KTOG
That happens every day in the US, it's called emminent domain.
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nein. Until this ruling, a city could only use eminent domain to get landed needed for roads etc. This ruling allows a city to use it because some big shot wants to build a shopping mall. In my opinion if the big shot wants to build his shopping mall so bad, he should pay me whatever I ask for my land or find another place to build.
This is probably going to lead to alot of cities revitalizing "bad" parts of town by letting developers tear down all of the old homes and build their idea of utopia. Sounds good but the price is too steep. It means the loss of true private ownership.