To: absolootezer0
so she's making an obnoxious amount of profit to move her house, and she's still whining about the whole thing?
She's making squat. Her property's appraised value is a joke. What a property is worth is what someone is willing to pay for it. The developers who are getting this property will make $10's of millions, maybe hundred's of millions on the development. They should have been required to negotiate with the property owners through the free market.
Instead they used the power of the government in order to avoid paying real market value for this prime property. This is a crime committed by the government. Theft is theft regardless of who is doing it.
51 posted on
12/21/2006 8:57:40 AM PST by
The Lumster
(USA - where the innocent have nothing to fear!)
To: The Lumster
"The developers who are getting this property will make $10's of millions, maybe hundred's of millions on the development. They should have been required to negotiate with the property owners through the free market." That makes me wonder, couldn't she have sold the property with the requirement that she become a partner in the venture? Something along the lines of $400,000 cash for the property and 5% of gross on the development? If the property and eventual development stood to make so much money she could have arranged a deal that made her rich as well. Making a counter offer might also have helped her in court if the developer still attempted to seize the property.
84 posted on
12/21/2006 9:14:14 AM PST by
T.Smith
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