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Thursday, 16 November 2023
quote [ DON’T TAKE THE DEAL! ]
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Comments
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WeiYang said @ 2:25am GMT on 18th Nov
This has happened alot. Reykjavik did this with their sewers in the 2008 neighborhood. The municipal government, you know, the one closest to the voters, decided that selling them and leasing them back would be a moneymaker for the city. There was a Frontline about it i think. They were not the only ones by a long piece, but they were early adopters.
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noun
ex·pro·pri·a·tion (ˌ)ek-ˌsprō-prē-ˈā-shən
Synonyms of expropriation
: the act of expropriating or the state of being expropriated
specifically : the action of the state in taking or modifying the property rights of an individual in the exercise of its sovereignty