Eminent Domain is Needed. How to Stop Land Speculation in Eminent Domain.

A list of why eminent domain is necessary is not something that occurs with frequency. A law professor lists reasons why eminent domain is necessary in Detroit:

• Eminent Domain worked in the past to build factories that still function
  • Look at the  GM Hamtramck Assembly Plant and the Chrysler Jefferson Avenue North Assembly Plant
  • Detroit has collected hundreds of millions of dollars of property and income tax revenue from the plants and their workers
• The need of economic development, and the use of eminent domain to achieve economic success
  • Even if you can’t use eminent domain for economic development, eminent domain can be used to remedy blight. Tomato, to-mah-to. Potato, po-tah-to.
  • Land speculators have been buying up property
• He proposes eminent domain for economic development, if the land owned by speculators.  

Refreshing recollection: There has been an FBI investigation into land speculation in right of way purchases in North Texas. Information Intelligence

Detroit News