From: ahk@chinet.com   
      
   hancock4@bbs.cpcn.com wrote:   
   >On Friday, June 6, 2014 4:13:41 PM UTC-4, Stephen Sprunk wrote:   
      
   >>On average (ignoring bubbles), land values go up at about the rate of   
   >>general inflation.   
      
   >Land is finite.  As the population increases, there is more demand for   
   >land, so the price is bid upward.   
      
   >Even 'old' land, ie brownfields, can be expensive due to steep clean-up   
   >costs for the former industry located there   
      
   Don't include the cost of remediation in land value. The pollution belongs   
   to the polluter under Superfund law. The cost of remediation will either   
   be deducted off the top or will be performed by the polluter to bring   
   the land into compliance with whatever future use it's good for.   
      
   >They rebuilt a 1950s-era expressway, and it was basically a complete   
   >reconstruction.  The old road, with its tiny median, non existent   
   >entrance/exit ramps, tiny shoulders was a death trip.   
      
   Yeah, yeah, yeah: Drivers are just forced to drive at excessive speed,   
   beyond their ability to drive and beyond the capacity of the road.   
      
   btw, wider lanes means MORE speeding.   
      
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