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by Dylan16807 1546 days ago
Do you want me to say "taxable value*" instead?

If you think it's impossible to assess the value of a property, the whole legal world disagrees with you.

And yeah, the point of eminent domain is to force the sale on unwilling participants. If used sparingly and without discrimination, it's a good power, and part of living in a community that will undertake community projects.

* the underlying assessed value, excluding artificial caps like prop 13

2 comments

Sure, go with “taxable value”, but let’s not pretend it’s market value any more than the market value of a human life is what an insurance company values it at.
It seems difficult to asses land value when it seems to have inflated 100% in 10 years.