Rep. Chris Quinn (R-Delaware) recently introduced a bill in the PA House that would require the Pennsylvania Office of Attorney General to create a brief document to clearly outline the rights and responsibilities property owners have during any land acquisition negotiations where eminent domain is being used. House Bill 2609, titled Landowner Bill of Rights, is aimed at allowing property owners to better understand their rights during eminent domain negotiations. Some condemning agencies, such as state departments of transportation (including PennDOT), already have such documents.
It is clear that ride sharing has impacted the real estate community. One possible change is the value of properties near subways and bus stops. According to Bloomberg, “ride-sharing services such as Uber Technologies Inc. and Lyft Inc., and the advent of electric vehicles and driverless cars, are poised to chip away at the higher prices that real estate around subways and bus stops has earned, according to a report from MetLife Inc.’s asset-management business released. . . . All these changes would make it more attractive to develop real estate in areas that offer easy access to less congested roads but that might not be close to public transport, according to the report. People might consider migrating to the suburbs if the commute becomes easier.”