Gee, I wonder what might have happened if supply lines to these concentration camps were bombed

https://en.wikipedia.org/wiki/Hawaii_Housing_Authority_v._Midkiff

The Japanese case is weird, but a lot of these cases seem really rare

Realistically what are the chances of this happening to you

they are, because things have been goin good

Yes, but what are the odds this happens to you in a suburban area,

?

Anti anxiety medicine should be unscheduled nigga

most of the time it's bullshit like you owe $5k in property taxes so we're going to sieze your $200k house and sell it for $150k and keep the profit

Hmm

Idk man

>Hawaii Housing Authority v. Midkiff, 467 U.S. 229 (1984),[1] was a case in which the United States Supreme Court held that a state could use eminent domain to take land that was overwhelmingly concentrated in the hands of private landowners and redistribute it to the wider population of private residents.

I know that there’s a bit of risk

wtf

land is also really difficult to manage

True

it's only yours so long as you use it

the risk is THERE

however if you do it right, the pay off is greater IMO

greater than what

Investing in startups

oh

yeah i wouldn't invest in startups either

unless it was mine

yeah, you're right about that

Cause the risky side of investing is usually startups

However I feel owning land/apartments/resources has a better pay off

If you do it right

Yes there is risk

But I feel it’s significantly lower than startup investing

>However, the aftermath of the Midkiff decision failed to achieve the stated purpose of the redistribution legislation. It could not create new housing because it transferred title from the land lessor only to the lessee-homeowners who already occupied existing homes on the subject property. As soon as the former lessees acquired fee simple titles to their homes, they became attractive to Japanese investors who paid outlandish prices for those homes, largely in the upscale Kahala and Hawaii Kai neighborhoods. That led to a ripple effect throughout the island.

Home prices on Oahu, far from falling, as had been intended by the legislature, surged upward and more than doubled within six years

wow, imagine my shock

Fuck Hawaii

lmao

what a bunch of economically illiterate retards

Imagine living on an island with spear chuckers who don’t even want you there and paying 4 grand a month for a 1 bedroom home

the corporations and the government are supposed to be adversaries. the right hand and left hand of the people are supposed to work together

literally destroying value by divorcing property from it's owners

but its the opposite

Native Hawaiians hate white people

There’s a dumbass argument they have that Americans “stole” Hawaii from its native people