The book Land And Freedom volume 27 was written by author Walter Meredith Boothby Here you can read free online of Land And Freedom volume 27 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Land And Freedom volume 27 a good or bad book?
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There is a provision in every lease that building operations must be begun within twelve months of the purchase of the lease, and completed within another twelve months. No lease can be sold by the original purchaser until the building condi- tions have been fulfilled. But so rapid has been the increase in land values that some original purchasers of leases have been able to sell out at considerable profit. " * * * * "The remainder of the Federal territory outside the city area with the excepti...on of 150 square miles reserved as a belt of open country round the city, and 170 square miles forming the catchment area of the chief river providing the city water supply is being leased as farms and grazing areas. " The writer thus summarizes this great and unexpected advance in the direction of the practical application of Henry George's teachings: "The leasehold system with regard to land at Canberra gives the nation, instead of the individual, the unearned increment arising from increased values of land.
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