For an occupant, the incentive to build on one's own land would be the same as always. Since there would be no restriction on the right of the actual occupier of a piece of land to charge a price before quitting it, it would be possible to recoup the value of improvements. The only difference would be, that one could not fence off land he was not occupying or using himself, and charge others for access to it.
>From: Bryan Caplan <[EMAIL PROTECTED]> >What about the effect of this on the incentive to develop and build in >the first place? Not to mention the incentive to relocate? > >A nice way to eliminate "unearned benefits" is to eliminate the >existence of benefits. > >-- > Prof. Bryan Caplan > Department of Economics George Mason University > http://www.bcaplan.com [EMAIL PROTECTED] > > "He wrote a letter, but did not post it because he felt that no one > would have understood what he wanted to say, and besides it was not > necessary that anyone but himself should understand it." > Leo Tolstoy, *The Cossacks* _________________________________________________________________ Send and receive Hotmail on your mobile device: http://mobile.msn.com
