11-19-2017, 07:52 PM
(11-18-2017, 05:23 PM)Bob_McBob Wrote: How much expropriation does the current preferred route actually involve? Members of that group seem to be under the impression it would require demolishing over 100 homes, and the owners would be so poorly compensated they couldn't afford to live in the community anymore. They also think it would dramatically lower property values in Preston if the LRT passes through
Lets be clear though, that group doesn't know any more than anyone else how many demolitions would be required. They are quoting 100 because it helps them drive resistance to the LRT. Even if they knew it wouldn't be 100, I suspect they'd still say it.
As for compensation, I have no idea how that works, but they certainly cannot have it both ways, either it lowers property values and those people who have full takings can therefore easily afford to stay in their community, or it drives prices up, and they may not be able to stay.