2020.02.07 Eminent Domain
LA tries to seize Apartments where the owner might raise the rent to market value. Basically, they are using a politician created housing "crisis" as an excuse to use eminent domain, to seize a property from the owner. They keep using terms like, "fair market value", while pointing out fair is when the owner agrees to sell at what price he thinks it is worth -- fair is not the city takes it and pays what they think it is worth. But try to explain that to jack-booted progressives.