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by claydavisss 2781 days ago
Where does the government get the money to buy out all of these owners? Or are you proposing just throwing a wrecking ball through someone's home without compensation?

And these one million new apartments...where shall they get their water to drink or send their waste water? Where will these people park? What highway will they use?

1 comments

Typically, eminent domain is only applied when there are buyers waiting in the wings (developers), so financing isn't so much an issue. You issue some 5 year bonds to float it and you're done.
You're missing the ten years of lawsuits. Eminent domain cases have gone to the SCOTUS.