IMO if we employ an amendment to nationalize the standards for eminent domain, then we will have precluded the several States from instituting yet more stringent protections for private property against eminent domain takings. Natural Law competition among the States is a better way to demonstrate the trade-offs between facilitating redevelopment and instituting competition between speculative landowners and fractional ownership. It is my hope that we may see more active markets in real estate options as a way of precluding the need for "planning."
No,it was not correctly decided. The fifth amendment applies to the States and it always has.