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by twelvechairs
2958 days ago
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The USA actually has a long history of extensive eminent domain use, although it has cooled more recently. As with most anglosphere countries lately its use has become more highly protested, challenged and politicized, making it a little more haphazard (and much more if those with economic ability to mount a serious legal challenge are involved). In China its been used more regularly however compensation has been often ridiculously pitiful (although sometimes also quite reasonable and this has as I understand improved more recently). Sometimes we pay poor compensation in the west too though maybe not as bad. Its also tied to China's communist past where land is for the public good (and typically only leased by individuals) as opposed to the west's 'right to land ownership' (i use inverted commas because its never really been an absolute right, even if people use the phrase). Best practice in my view (as someone in the industry) is probably somewhere in between. I don't believe in a world of limited resources (as we are in) in indefinite rights of land ownership. I do believe however in fair compensation, which probably should be a considerable premium above an independently assessed market value (if the site was otherwise sold today, accounting for any other anticipated changes to the neighbourhood). |
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