why ...the eminent domain power of government needs to be brought to bear (collective action problem)Reader comment on: Nocera On The Eminent Domain Mortgage Grab Submitted by Robert Leonard (United States), Jul 11, 2012 12:06 The answer to the question you posed can be found in another NY Times article. The other one is by Robert Shiller (yes that Shiller) about the problem of 'collectice action'. http://www.nytimes.com/2012/06/24/business/economy/real-estates-collective-action-problem.html Another part of the reason is that the 'pooling agreements' do not allow for changes as the need for changes were not anticipated. Note: Comments are moderated by the editor and are subject to editing. Other reader comments on this item
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