Nicholas D. Rosen (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} ndrosen) wrote in selenite, |
As I understand it from your post, (some) people want this for improved river views and consequent higher land values -- for them, while the land that gets flooded becomes much less valuable. If this is to be done at all, the people who lose their homes and businesses should certainly get fair compensation, and I think they should get it out of the increased land values elsewhere. If the people who get the improved river views aren't willing to pay that much more -- if they drop their support for the plan when they contemplate their inceased tax bills -- that's a signal that the project isn't worth doing.
