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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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