The land value ceiling is a limit imposed by the government on personal land ownership. Under this rule no individual is able to own an amount of land in excess of the land value ceiling. Anyone violating this rule by owning an excess of land will be asked to either give it away or to sell the land. If they do not do so measures will be taken to bring them into line including the possibility of the land being confiscated.
It is a quantity of land measured in market value not the physical area of the land.
Thursday, 5 January 2012
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