Railroad Valuation
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In our eReader you can find the full English version of the book. Read Railroad Valuation Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Railroad Valuation
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C. R. 501, 579. The Wis- consin Commission spoke of rents increasing with the "natural increase in the value of the land. " etc. See San Diego L. & T. Co. R. National City. 74 Fed. 79. 83; and L. & N. R. R. Co. V. R. R. Commission of . \la- bama. "intrinsic worth " of the land. 196 Fed. 800, 822; Consolidated Gas Co. V. New York. 157 Fed. 849, 855.
' See the discussion below, page 203.
UNI]MPAIRED INVESTMENT 131 be maintained from the point of view of "fair value, " Before an "unearned incremen...t" in land values can ever appear, there must be (other things remaining the same) an increase in the "economic rent" accruing upon that land. Under these circumstances an increase in the annual income which can be earned upon the site means an increase in its value. Now the moment that railroad income extends beyond the point necessary to reward the skill and judgment exercised in its building, an "unearned increment" appears. But how large this "unearned in- crement" shall be necessarily depends upon the level of rates.
What to read after Railroad Valuation?
You can find similar books in the "Read Also" column, or choose other free books by Homer Bews Vanderblue to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
C. R. 501, 579. The Wis- consin Commission spoke of rents increasing with the "natural increase in the value of the land. " etc. See San Diego L. & T. Co. R. National City. 74 Fed. 79. 83; and L. & N. R. R. Co. V. R. R. Commission of . \la- bama. "intrinsic worth " of the land. 196 Fed. 800, 822; Consolidated Gas Co. V. New York. 157 Fed. 849, 855.
' See the discussion below, page 203.
UNI]MPAIRED INVESTMENT 131 be maintained from the point of view of "fair value, " Before an "unearned incremen...t" in land values can ever appear, there must be (other things remaining the same) an increase in the "economic rent" accruing upon that land. Under these circumstances an increase in the annual income which can be earned upon the site means an increase in its value. Now the moment that railroad income extends beyond the point necessary to reward the skill and judgment exercised in its building, an "unearned increment" appears. But how large this "unearned in- crement" shall be necessarily depends upon the level of rates.
What to read after Railroad Valuation?
You can find similar books in the "Read Also" column, or choose other free books by Homer Bews Vanderblue to read onlineMoreLess
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