Eminent Domain and the Housing Market
“Panelists argued the merits of using the “eminent domain” process to help distressed homeowners in which local governments buy homes worth less than their mortgages, and sell the homes back to the owners at the lower value. Topics included the state of the housing market, principle reduction, and fair market value. Following their discussion they answered questions from the audience.”
Center for American Progress. C-SPAN Video Library 8 January 2013.