If a town needs a new road and it’s okay to seize property to build the road, or a town needs a school and it’s okay to seize property to build a school, then why, if a town needs jobs and increased tax revenue, is it not okay to seize property to create the same?
Is it easier to justify taking lower class homes due to cost? Consider that when the government seizes homes, compensation is provided at what is supposed to be fair market value. Obviously, it is a lot more cost effective to purchase a block of $50,000 homes than to buy a block of million-dollar homes. Does this difference justify taking homes in poorer areas for public works projects?