Quote Originally Posted by Mibbes Aye View Post
This quote is hidden because you are ignoring this member. Show Quote
Spoken like a true Thatcherite! Not so much Moulin Yarns as Moolah Yarns

Developments like these don't reaally strike me as genuine enterprise. It's not as if the farmer 'built' the land, is it? What he has done is monetized a land asset. Depending on whether he inherited it or bought it at land value for farming, he may have made a massive return solely from market speculation.
I don’t mind people making money from adding value. The council added to the value by giving the planning permission. The farmer added to the value by building the houses. The profits should be split accordingly.


Sent from my iPhone using Tapatalk