3 ms·
> same rules as China and only allow foreigners to rent land from the government for a lifetime (I think it was 80 years) The same rules apply to locals, lease
by Grimburger 4y ago
> same rules as China and only allow foreigners to rent land from the government for a lifetime (I think it was 80 years)
The same rules apply to locals, leasehold itself is a very Georgist idea as it is used in modern times.
Leasehold rather than freehold is baked into Georgian ideals of taxing rent-extraction.