News Video, Eminent Domain Causing Financial Pain in Minnesota. (price, property, value)

[JD59]

From KMSP: Your home is supposed to be your castle. That is, until the government needs to buy it for a road project. So, what's the fair price for your property when it comes to eminent domain? Maybe less than you think.

Breitbart.tv » Eminent Domain Causing Financial Pain in Minnesota

[ETex2]

Situations like this are unfortunate and becoming more common. The county gave him $27,000 over and above market value for the house which took him from a negative equity position to zero equity. The man's net worth essentially went up by that amount. Sounds unfair but what would have been fair to all involved?

[texdav]

Basically the perosn needed to think when buying as he got a more than market price, Not going to get any better really i such a situation.

[manderly6]

I have mixed feelings about eminent domain. Our country's road system would not exist if not for eminent domain. On the other hand I can't imagine being put in a situation where I had to give up my house.