Proposition 90 a huge boon for property owners?
From Thursday's BeyondChron,
Those concerned about the misuse of eminent domain were encouraged by the circulation of a statewide initiative (Prop 90) to address the problem. Unfortunately, the initiative’s backers sought to capitalize on rising anti-eminent domain sentiment by inserting a sentence jeopardizing the future enactment of most land use laws, including amendments to San Francisco’s Rent Ordinance. This sentence---which allows property owners to sue government entities over any new law that reduces their property values---overwhelms the good part of the initiative. Prop 90’s specific language limiting eminent domain made this broad sentence unnecessary, raising questions about the motives behind November’s “Protect our Homes” initiative. [more...]Property owners could sue for any reduction in property value? Chris Daly would be out of a job (since he'd have nothing left to do that wouldn't cause the city to be sued)... This could be a HUGE boon for property owners who have seen nothing but intended value reduction from decisions made by our infamous Supervisors... I'll look into this a bit more and post more soon...
Eminent Domain - How this could affect you... [SFHomeBlog]
Masters of Our Domain [SFCityscape]
posted by Matt Lanning @ 8:41 AM
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1 Comments:
For years now various groups have stolen the property rights of many of the citizenery for many great reasons. From the Ocean to the Mountains to the Desert and now to your street they have used great reason to take your Property without any justification relating to fair market value.
In California most of the population lives on 7% of the available land, and now they want the rest for nothing. If you want to rollover, go right ahead because you all have been doing it for many years.
Support the Sierra Club, give your money to the Conservancy groups and when you are living in your 8' by 12' you will be able to really enjoy all that beauty that surrounds you, it just will not be yours.
Wake up and deliver the message that if you want mine or you want to screw me over, "IT WILL COST YOU". Quit giving it away and read the 4th Ammendment, you know, that thing the supreme court just trashed. Thank You for the Time. By the way, if you have not figured out who the bandits are, follow the money and Power Trail.
Nobody!
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