4 ms·
If land is not owned by anyone the risk is that it's treated poorly since there is no incentive to treat it well. Take the profits that are available during you
by temporarara 3y ago
If land is not owned by anyone the risk is that it's treated poorly since there is no incentive to treat it well. Take the profits that are available during your 70 years lease and run, it's not your problem afterwards.
- Throwfi44 3y agoAnd is that really a problem? Infrastructure ages and needs to be refreshed. Look at NYC, how old "land improvements" get stuck.
- WhereIsTheTruth 3y agoI disagree, it's about the culture, the culture and education will dictate how well public property will be treated, just look at public toilets in Japan vs ones in the US, it's quite revealing Money that expire will work well in the EU/Asia, probably not in the US, it's a way too self-centred and selfish country