Chapter I
A
THE FIRST LEG OF THE SINGLE TAX TRIPOS
THE SOCIAL ORIGIN OF GROUND RENT
GROUND RENT, WHAT LAND IS WORTH ANNUALLY
FOR USE, IS A CREATION OF THE COMMUNITY,
A SOCIAL PRODUCT — ALL LOCAL TAXES ARE
SPENT UPON THOSE THINGS WHICH MAKE AND
MAINTAIN GROUND RENT.
I.—Definition of Ground Rent*
(i) “Ground rent is what land is worth for use.” (2)
Strictly speaking, the “worth for use” attaches not
to the land itself, but to scores of things exterior to
the land and through it available for use, so that the
following is a fuller description:
Gross ground rent—economic rent—the annual site value
of land—what land is worth annually for use—what the land
does or would command for use per annum if offered in open
market—the annual value of the exclusive use and control of
a given area of land, involving the enjoyment of those “ rights
and privileges thereto pertaining” which are stipulated in
every title deed, and which, enumerated specifically, are as
follows; right and ease of access to water, health inspection
sewerage, fire protection, police, schools, libraries, museums,
parks, playgrounds, steam and electric railway service, gas
and electric lighting.telegraph and telephone service,subways,
. ? See Appendix F.
3