OT--Homes may be 'taken' for private projects
Homes may be 'taken' for private projects
Justices: Local governments can give OK if it's for public good
The Associated Press
Updated: 12:23 p.m. ET June 23, 2005
WASHINGTON - The Supreme Court on Thursday ruled that local governments may
seize people's homes and businesses - even against their will - for private
economic development.
It was a decision fraught with huge implications for a country with many
areas, particularly the rapidly growing urban and suburban areas, facing
countervailing pressures of development and property ownership rights.
As a result, cities now have wide power to bulldoze residences for projects
such as shopping malls and hotel complexes in order to generate tax revenue.
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