this post was submitted on 04 Dec 2023
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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] 2 points 8 months ago

They aren't saying the us government can take land in like France whenever. But like Canada has expropriation laws available where if needed Canadian land can be seized from the land owner, usually with compensation.

This is often done for things like infrastructure, highways and such. Turns it from needing the owner to be willing to sell into "we are buying this land now, heres what we think the land was worth"