5 ms·

This is same argument that real estate sharks use to use eminent domain and alleged blight to bully property owners.

• darkstar999 11y ago
  Can you elaborate? I'm having trouble making the connection from domain names to real estate.
  • lsaferite 11y ago
    He has a domain (land) that the startup (property developer) wants but refuses to sell. He's trying to use domain squatting laws (eminent domain laws) to force an ownership transfer.
    • darkstar999 11y ago
      But isn't eminent domain only available to the government?
      • lsaferite 11y ago
        Yes, but local governments are regularly in bed with big money interests which would include land developers. So, the land developer gets the local government in his pocket and convinces them to use eminent domain to make a project happen that will bring lots of tax revenue to the government.