We need roads and such and that comes from eminent domain.
I wonder, though, how Donald would feel if government came along and took over ownership of patents or companies for the same purpose. Imagine if the government saw any investment slated to take off wildly, swoop in to expropriate it, giving only today’s value for it. Would Donald be similarly okay?
...took his children's inheritance. Wouldn't it be great for the "public good" if the Trump fortune went to the government instead of Trump's chosen heirs? By the same logic, should anyone have a right to decide who gets their stuff when they die?
If you can't even keep your house when you're alive, because the "public good" has a better use for it, you certainly shouldn't expect to control who owns it and uses it after you've gone. Right, Mr. Trump? Shouldn't we put all your holdings up for bids? In fact, let's do it now. They won't take possession 'til you're gone, and then what do you care?
Little of the land in question would be slated to ‘take off wildly’ without the project being done that required the use of the land. Most often, NOT ALWAYS, the land in question is of marginal value and is often offered at several times legitimate asking price.
Developers are in business to develop. Be they in private projects or public development they only benefit when the development takes place. It is in their best interests to keep the process flowing. In most instances it is the dead enders that create resistance to the development, often to the detriment of everyone involved, the developers, the government and the other property owners. Often the owner themselves often only cost themselves in the long run.