Big Daddy
Senior Member
The price the government must pay to expropriate IS based on market value. Trying to claim that market value in this case should be based on it being appropriate for a 57-storey tower is ludicrous, obnoxious, and insulting.
42
In your opinion perhaps. However the guy who bought the land and maybe carried for nine years may feel otherwise - especially with the developments that council has been approving all over downtown these days - he'd be a fool not to try. Actually it's unlikely he will get that value but he is right to push the envelope and get as much as he can. Why would he or anyone do otherwise? Thats how capitalism works.