Remember Kelo!
August 19, 2005 8:34 AM
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Remember Kelo?After winning a landmark eminent domain ruling from the Supreme Court, the New London Development Corporation now wants to pay residents based on value they held in 2000, rather then 2005, which would leave them unable to buy equivalent new home in today's real estate bubble.
Then also want to charge back rent. In some cases up to $300 thousand. Susette Kelo herself now owes $56k.
posted by delmoi (66 comments total)
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posted by pyramid termite at 9:05 AM on August 19, 2005