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Did the city buy the house from him at market value or did he just get a really raw deal? I like the policy in principle, though, makes sure you don't get quit
by tormeh 11y ago
Did the city buy the house from him at market value or did he just get a really raw deal?
I like the policy in principle, though, makes sure you don't get quite the landed elite you would get otherwise.
- wobbleblob 11y agoAs far as I can tell (from trying to parse Dutch legalese), the owner of the land, county Soest in this case, gained ownership of everything built on the property when the lease was nullified. The way mortgages work in this country, the man with the sledgehammer would still be responsible for repaying the loan in full, even though he was no longer in possession of the collateral. If I had known or fully grasped all this years earlier, I would never have bought a house!