Spoken like someone who, I am betting, does not have any crown land.
Actually, it seems to me that these lands are being arbitrarily taken from the leaseholder without compensation. There is no question the previous leaseholder would have had equity in the lease prior to the Province transferring the land to the Municipality. Assuming this land is simply sold to the highest bidder and the previous leaseholders do not receive some recognition or value for their years of stewardship and the resulting increased value of the lease, where does that leave all the other leaseholders in this Province?
I am in the process of buying a Crown Lease. It would seem that I should be very concerned that my investment might be rather short term and evaporate into thin air at the whim of Government. Although I would never do it, the smart move would seem to be to take all I can from the lease as quick as I can and not worry about the future of the land. In other words, if the Government is going to treat its leaseholders like the private sector treats renters then the leaseholders will need to start treating the land like rented land and rob it for all it is worth. At least in this area, most rented land is in pretty bad shape after 5-10 years while the Crown land is farmed just like the deeded land. Go figure….
Actually, it seems to me that these lands are being arbitrarily taken from the leaseholder without compensation. There is no question the previous leaseholder would have had equity in the lease prior to the Province transferring the land to the Municipality. Assuming this land is simply sold to the highest bidder and the previous leaseholders do not receive some recognition or value for their years of stewardship and the resulting increased value of the lease, where does that leave all the other leaseholders in this Province?
I am in the process of buying a Crown Lease. It would seem that I should be very concerned that my investment might be rather short term and evaporate into thin air at the whim of Government. Although I would never do it, the smart move would seem to be to take all I can from the lease as quick as I can and not worry about the future of the land. In other words, if the Government is going to treat its leaseholders like the private sector treats renters then the leaseholders will need to start treating the land like rented land and rob it for all it is worth. At least in this area, most rented land is in pretty bad shape after 5-10 years while the Crown land is farmed just like the deeded land. Go figure….
Comment