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What if you took land profit out of the equation ? - Eminent domain land - lease to builder for 99 year leases - tenants not owners - in 99 years local gove
by foogazi 2y ago
What if you took land profit out of the equation ?
- Eminent domain land
- lease to builder for 99 year leases
- tenants not owners
- in 99 years local government has another shot
- CrispyKerosene 2y agoIn most jurisdictions with the a land ownership model based on torrens title, this is inherent in the system, its called the Fee Simple Estate (with Crown or equiv being above this), with leasehold and life estates being below fee simple. But you will find in most places the 'Crowns' abilities to exercise its ownership rights is fairly neutered and reserved for reasons the layman would refer to as eminent domain.