{"id":342,"date":"2015-09-01T20:07:00","date_gmt":"2015-09-01T20:07:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/2015\/09\/01\/government-takes-land-by-eminent-domain-builds-nothing-now-re-sells-homes\/"},"modified":"2015-09-01T20:07:00","modified_gmt":"2015-09-01T20:07:00","slug":"government-takes-land-by-eminent-domain-builds-nothing-now-re-sells-homes","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/government-takes-land-by-eminent-domain-builds-nothing-now-re-sells-homes\/","title":{"rendered":"Government Takes Land by Eminent Domain. Builds Nothing. Now re-sells Homes."},"content":{"rendered":"<p>In the 1950s and 1960s, a transportation authority in California gobbled up, with compensation, homes to make room for a freeway, and maybe some rail. High hopes. Big dreams of efficient transportation were for naught.\u00a0<\/p>\n<p>Nothing was built. But since the mid 1900s, the state has leased the homes to residents, who now hope to buy their abode.\u00a0<\/p>\n<p>Here&#8217;s the math, the homes were bought for $20,000ish, market price for nearby comparable homes now is $800,000.<\/p>\n<p><a href=\"http:\/\/www.latimes.com\/local\/california\/la-me-710-properties-20150831-htmlstory-htmlstory.html\">LA Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the 1950s and 1960s, a transportation authority in California gobbled up, with compensation, homes to make room for a freeway, and maybe some rail. High hopes. Big dreams of efficient transportation were for naught.\u00a0<\/p>\n<p>Nothing was built. But since the mid 1900s, the state has leased the homes to residents, who now hope to buy their abode.\u00a0<\/p>\n<p>Here&#8217;s the math, the homes were bought for $20,000ish, market price for nearby comparable homes now is $800,000.<\/p>\n<p><a href=\"http:\/\/www.latimes.com\/local\/california\/la-me-710-properties-20150831-htmlstory-htmlstory.html\">LA Times<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,37,7],"tags":[],"class_list":["post-342","post","type-post","status-publish","format-standard","hentry","category-compensation","category-local-government-trend","category-roads","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/comments?post=342"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/posts\/342\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/media?parent=342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/categories?post=342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/eminentdomain\/wp-eminentdomain\/wp-json\/wp\/v2\/tags?post=342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}