As seen on 60 Minutes tonight...

Over 10,000 properties in the U.S. last year changed ownership under the guise of "eminent domain".

That feature of the law, which has been there for eons, was typically used for the benefit of governments (any level) to acquire land for the purpose of a road/highway or a new governmental facility (court house, airport, library, etc) "for the public good". The government needed the space so they would give you "market value" for it and toss you off.

But, as is typical today, creative people have come along and succeeded in convincing mayors/councils, governors, etc. that "the public good" should include factors like collecting more taxes, either directly (by adding (taxpaying) density to lot(s)) or indirectly (by creating additional employment over what's already occupying the space). So now "the public good" has eminent domain being used to transfer ownership from one private individual/corporation to another private individual/corporation!!!
This effectively means that NO ONE "OWNS" THEIR PROPERTY ANY MORE, but rather has kind of a 'lease' on it that can be terminated at any time for the simple payment of some "market value" amount of dollars!

This is a far cheaper alternative to corporations than the old practise, which typically was to offer current owners a premium amount to vacate, often along with additional perks.
This now also opens up the whole avenue to simple home owners who covet some other piece of property. They can approach Councils and tell them that they plan to erect a property that will be valued more highly, thus reaping more tax revenue, and so demand that eminent domain be served on the property holder. Since this is now a well-established practise such demands could well be enforced by a court, especially given current laws.

While the immorality of this trend pales in comparison to what was done to the poor black farmers who used to own the land of Hilton Head Island, immoral is immoral! Where does it stop? How does it get stopped?