tag:blogger.com,1999:blog-9172766774137902766.post1484505764310243776..comments2023-12-23T09:28:20.869+00:00Comments on The View from Cullingworth: Do we obsess too much about land?Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9172766774137902766.post-9233597798530603602017-03-22T13:07:54.896+00:002017-03-22T13:07:54.896+00:00Agree- agricultural land is not very important in ...Agree- agricultural land is not very important in the scheme of things, and the vast majority of land wealth is in the cities.<br /><br />I do however disagree that rental value is no longer an issue; Ricardo's law of rent still applies regardless of whether it was commerce or farming that created the economic surplus fuelling rent increases.<br /><br />The fact that a Maida Vale 2 bed flat has the same rental value as a mid-sized Scottish farm does not alter the fact that ownership of rental streams is a hugely important political issue. <br /><br />George stated that land rents should belong to the community- as it is they, and not the landowner, who create the rental value. This is as true today as it was in the 19th Century. ThomasBHallhttps://www.blogger.com/profile/08998362261169422976noreply@blogger.com