Quote:
Originally posted by MrSelfDestruct
The unfortunate fact is that "fair prices" are determined by the government, not the evictee. In every case I've seen in the tri-state are, the "fair price" has been between less than 40 percent of the actual value. Families move into tiny apartment and condos because their $300,000 Colonial on an acre of land complete with 2 car garage and in-gorun pool was ruled by a court to be worth $50,000. Others get the price of the land, not the house. Mom and pop stores shut down because the measley check they get can't possibly relocate them to the mall or shopping center whose parking lot paves over 50 years of memories and hard work because those 20 parking spaces are so vital to the local economy.
If the system worked, I wouldn't mind. The problem is, it just ends up screwing over good, honest homeowners and businesses get screwed over so that chain stores and fast food joints are more important to local campaign contributions, err, I mean, economy.
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The evictee would set as fair a price as the government agency. Binding arbitration could be a possible solution.
As for the system screwing over people; do you have a more global data set then the usual "poor old kindly farmer" bit that makes the news?
2Wolves