retirees or working class folks, who don't generate a huge tax revenue, living in older houses, in a desirable area, can be labeled "blighted" by city officials (who may be getting benefits of some sort - not necessarily illegal (or easy to prove to be illegal) from the developer) who know they can get more taxes from new development.
How is it right that we punish folks who have lived in a neighborhood for decades simply because they don't have huge houses which the city can get more taxes from? Lots of homes could be in jeopardy if "generation of taxes and/or jobs" is allowed to be a reason for taking of property under eminent domain.
This is what the situation in New London CT seems to be, if I'm remembering correctly.
http://www.washtimes.com/national/20050624-120942-4179r.htmJustice O'Connor said "under the banner of economic development, all private property is now vulnerable to being taken and transferred to another private owner, so long as it might be ... given to an owner who will use it in a way that the legislature deems more beneficial to the public."
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http://www.usatoday.com/news/nation/2004-09-28-justices-property_x.htmThe New London dispute touches on a controversial issue that has been simmering in several states, as local governments have sought new sources of tax revenue. Traditionally, governments have used their eminent-domain powers to condemn — and then improve — blighted areas. But governments increasingly have sought to take property that is not in a slum, but that nonetheless could be used in a private redevelopment plan.
Larry Morandi, environmental program director for the National Conference of State Legislatures, says that "tough economic times and (efforts) to make urban areas more vital" have led local governments to broadly interpret their "public use" power — and spurred new complaints from property rights advocates. He says that about a dozen state legislatures have considered proposals to limit local authorities from using eminent domain for private development.