Example.
You as a city-council decide that twelve apartment buildings owned by private interest (total of 100 apartment in each....total of 1,200 apartments or resident-renters)....must be public property....to control rent increases.
You file paperwork to consume the twelve. Judge appoints a expert (or two) to come to a value for each of the twelve.
The city council hopes for a low-ball number....private group owning the twelve....hopes for a full-value number.
Neither group is happy over the results....property still moves to city-property, but a court challenge now consumes anywhere from one year to ten years.
Eventually, a national court will say the buildings had x-amount of value, and the city is now left to figure a way to pay for this....with the rent going to them.
How you cover or pay for renovation? Well....that is the hidden problem. You (the city council) wake up ten to fifteen years later....with complaints now rising....folks want their building renovated, and the city does not have the cash-flow to cover this.
Eventually....the city is in serious debt issues...asking the state or the federal folks....to cover their stupidity.
Expropriation rarely works, as designed.
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