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State-Run Home Equity Theft Goes before SCOTUS

Cato Podcast

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Home Acquitty Tip - What's the Ideal Outcome?

7,900 homes in 12 states and DC have had their equity taken over and above what they owed in debt. The Supreme Court almost said nothing about the excessive fines clause for nearly 200 years of the republic. Fuzzy: In one decision, it violates taking's cause and states simply can't do it anymore.

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