Davriellelouna@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · edit-21 day agoPublic transit in Toronto, Canada 🇨🇦 vs Chengdu, China 🇨🇳 lemmy.worldimagemessage-square248fedilinkarrow-up1718arrow-down164
arrow-up1654arrow-down1imagePublic transit in Toronto, Canada 🇨🇦 vs Chengdu, China 🇨🇳 lemmy.worldDavriellelouna@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · edit-21 day agomessage-square248fedilink
minus-squareprotist@mander.xyzlinkfedilinkEnglisharrow-up2·7 hours agoIn the US, the government provides compensation, not developers, and they pay fair market value as determined by local appraisal districts.
minus-squareAlcoholicorn@mander.xyzlinkfedilinkEnglisharrow-up2·6 hours agoThe main difference here seems to be that the US can compell property owners to accept what they determine is a fair market rate, but another poster informed me that in some cases the chinese can compell people to sell too.
In the US, the government provides compensation, not developers, and they pay fair market value as determined by local appraisal districts.
The main difference here seems to be that the US can compell property owners to accept what they determine is a fair market rate, but another poster informed me that in some cases the chinese can compell people to sell too.