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To: Daveinyork
Still, given the way real estate has been going in 2007 and 2008 if the county had left the guy alone and he'd started development, he'd be bankrupt by now with about 15% of the houses he had planned in some stage of construction, and no one would be bidding on the houses, or the land.

In short, by letting market forces rather than eminent domain figure out what the highest and best use was for the land it'd be available for the cost of a box of matches and $1.00 to turn into a park.

The county would have saved everything it misspent on the place too!

9 posted on 07/17/2008 3:51:17 PM PDT by muawiyah (We need a "Gastank For America" to win back Congress)
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To: muawiyah

agreed. But few politicians trust the free market, or believe in the morality of liberty.


10 posted on 07/18/2008 4:26:26 AM PDT by Daveinyork
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