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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Texas: Major win for possible $30 billion dollar bullet train
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<p>[QUOTE="skallagrime, post: 12015139, member: 84021"]I would like to see a list of what sizes of land they're looking at, we talking bulldozing through thousands of peoples small homesteads? Or bisecting 5 of bill gates big ranches?</p><p><br /></p><p>You KNOW that the issued challenge wasnt filed by just one guy with a small family farm where he ekes out a modest living. If thats what it takes to build more rail, maybe i could be fine with it, but i dont know that simply "fair market rate" actually is right in this day and age for someone that actally lives on a property thats going to be "bought" in this. A 100k house that someone paid off last year (from the early 90s 100k) should be significantly more now, but even being offered 500k now will maybe only barely cover the cost of an equivalent property today. And tax assessments on land never keep pace with either real market value nor real value.</p><p><br /></p><p>A house isnt an investment vehicle, its stability and peace of mind for the inhabitants and a stable place to raise kids. Tearing that away from people is highly disruptive and destroys individual lives[/QUOTE]</p><p><br /></p>
[QUOTE="skallagrime, post: 12015139, member: 84021"]I would like to see a list of what sizes of land they're looking at, we talking bulldozing through thousands of peoples small homesteads? Or bisecting 5 of bill gates big ranches? You KNOW that the issued challenge wasnt filed by just one guy with a small family farm where he ekes out a modest living. If thats what it takes to build more rail, maybe i could be fine with it, but i dont know that simply "fair market rate" actually is right in this day and age for someone that actally lives on a property thats going to be "bought" in this. A 100k house that someone paid off last year (from the early 90s 100k) should be significantly more now, but even being offered 500k now will maybe only barely cover the cost of an equivalent property today. And tax assessments on land never keep pace with either real market value nor real value. A house isnt an investment vehicle, its stability and peace of mind for the inhabitants and a stable place to raise kids. Tearing that away from people is highly disruptive and destroys individual lives[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Texas: Major win for possible $30 billion dollar bullet train
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