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Topic	The Cost of Living Keeps Rising
willythemailboy 07/23/25 2:13:32 AM #191:	Revelation34 posted... I support the idea of stealing property from people who just bought it. Unless... you think maybe "the people who just bought it" would be the developers and/or city implementing the policy? That's the obvious goal for the policy, so it would take a very specific sort of person to make the assumption you did when making your post. bachewychomp posted... Ever since I became a homeowner myself, I understand the dilemma of affordable housing development vs. declining property values. I don't wanna be a NIMBY but I don't think it's fair that I could get a negative investment on this house that cost me a lot of money that I had basically no say in. I don't really see how it could work unless there are buyouts like you said (or tax incentives or subsidies or whatever) Think of it as eminent domain but on the homeowner's timeline. The city/developer has to buy it for market price, but the homeowner must sell it to the city/developer and not anyone else. You'd lose the possibility of getting a price well over market but also not have the risk of the house not selling for market or taking 6 months to sell. --- There are four lights. <cite>willythemailboy posted [p:985859702] in The Cost o... [t:81013419]...</cite> <quote>Revelation34 posted... </cite><quote>I support the idea of stealing property from people who just bought it.</quote>Unless... you think maybe "the people who just bought it" would be the developers and/or city implementing the policy? That's the obvious goal for the policy, so it would take a very specific sort of person to make the assumption you did when making your post.bachewychomp posted... </cite><quote>Ever since I became a homeowner myself, I understand the dilemma of affordable housing development vs. declining property values. I don't wanna be a NIMBY but I don't think it's fair that I could get a negative investment on this house that cost me a lot of money that I had basically no say in. I don't really see how it could work unless there are buyouts like you said (or tax incentives or subsidies or whatever)</quote>Think of it as eminent domain but on the homeowner's timeline. The city/developer has to buy it for market price, but the homeowner must sell it to the city/developer and not anyone else. You'd lose the possibility of getting a price well over market but also not have the risk of the house not selling for market or taking 6 months to sell. --- There are four lights.</quote> ... Copied to Clipboard!
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