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submitted 7 months ago by [email protected] to c/[email protected]

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Let’s say that you buy a home in cash and have 100% paid off. Could you still lose it somehow?

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[-] [email protected] 24 points 7 months ago

Theoretically eminent domain still exists but it’s only used to replace black neighborhoods with highways

[-] [email protected] 28 points 7 months ago* (last edited 7 months ago)

Not true! It's also used to seize property from existing owners in order to hand it off to private developers (see Kelo v. New London).

[-] [email protected] 16 points 7 months ago

But when we want passenger rail we have to buy the land at full price as set by the landowner no matter how much they’re gouging

[-] [email protected] 1 points 7 months ago

That's not so much losing your home as it is having it forcibly purchased from you at a fair market price. At least in theory.

this post was submitted on 04 Dec 2023

134 points (97.9% liked)

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