Harry Pollard wrote: > "A major transport planning company with over 50 staff recently > moved from freehold premises in Paddington which they had > occupied for over 30 years. > > Consequently, this firm earned more from their trade on property > value than they had earned gross profits as a trading > organisation over 30 years!"
That's a modest example. Here's a more impressive one: If Zurich would have leased --instead of sold-- parts of its land 200 years ago, its municipal tax today could be ZERO (paid by the lease). > This piece I abstracted from a letter from the right hand man of > the Mayor of London (the author of the congestion charge for > central London). So, what is the Mayor of London doing about land "values" ? Chris ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SpamWall: Mail to this addy is deleted unread unless it contains the keyword "igve". _______________________________________________ Futurework mailing list [email protected] http://fes.uwaterloo.ca/mailman/listinfo/futurework
