Re:The Dark side of .io TLD
by dogma1138 on Wednesday April 15, 2015 @10:24AM
(#9381131)
If you go for London then you can look at all the council houses restructuring projects that pretty much kick all the non-(extremely)wealthy residents out of London by offering them well below real market value for their properties and then developing the council estates into luxury apartment projects.
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This even happens with private properties that are bought under compulsory purchase for "regeneration". Owners are offered the value of the property as it stands, not the value of the land (which is much higher considering the development oppurtunities).