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.

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Title By Date
Food for Thought on this Critical Thinking Deficient Social Policy [241 words]Mario DelgadoJul 14, 2012 11:14
the part of letter that can be interpreted as a 'threat' [103 words]Robert LeonardJul 11, 2012 15:06
⇒ why ...the eminent domain power of government needs to be brought to bear (collective action problem) [55 words]Robert LeonardJul 11, 2012 12:06

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