Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Tech expansion forcing homeowners to surrender homes in Wisconsin

04/14/2018

Download PDF

To pave the way for a new Foxconn plant, one Wisconsin county is reportedly labeling livable houses as “blighted” in an effort to tear them down.

In an article by Belt Magazine, reporter Lawrence Tabak wrote that Racine County authorities held a public meeting during which they announced plans to proceed with turning over 3,000 acres of farmland, farm houses and rural properties to the Taiwanese electronics manufacturer that will soon open a plant.

Owners of that land attended the meeting to voice their dissatisfaction with those plans.

“The Village is telling us our land is worthless, while at the same time you’re telling Foxconn it’s the best property in the world,” Racine County resident Robby Jensen told the board. “I don’t know how any of you guys can sit here and do this.”

Over the past year, many residents were told they would have to give up their property to make way for Foxconn’s expansion. Several owners received offers for their property, and while some are still waiting to see what they’ll receive, most remain unwilling to surrender their homes.

“We spent our life savings on this thing, and now we gotta move,” 18-year Racine County resident Alfredo Ortiz said at the meeting. “It’s an insult.”

Is your tech vendor monetizing your data? 4 red flags to look for READ MORE

In 2017, Wisconsin Gov. Scott Walker and Foxconn signed off on the deal that would bring a flat-screen plant to Racine County — its board pledged $764 million for the project.

Although the development was heavily lauded by Walker and Racine authorities, many local residents were upset about the plant on both environmental and social grounds.

Email Veronika Bondarenko

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

April 2024
Mon Tue Wed Thu Fri Sat Sun
1234567
891011121314
15161718192021
22232425262728
2930  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...