Under existing laws the New South Wales government can compulsorily acquire your home only if it stands in the way of an infrastructure project - such as a new freeway extension.
There are plans to extend this law to allow the government to acquire private property and sell the land to developers where it is deemed important to develop higher density housing close to transport or employment centres.
Planners warn that Sydney will probably have six million citizens in about thirty-five years and it is essential that the " vertical village " concept be assisted to house them.
Part of the plan suggests a compensation element to protect the owners of forcibly acquired property. Such property would need rezoning to permit tower blocks and the government is suggesting that the price paid for the land would be it's value - after rezoning - not as it was at the time of acquisition.
Sounds fair - but then let us look at this government's track record !
It seems that sales to developers of government land follows a familiar pattern. The developers all have a common attribute ! They are all generous givers of political donations to the Labor party.
That seems to follow a familiar adage !
Power corrupts - and ultimate power corrupts ultimately !
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