. Rural planning and development; a study of rural conditions and problems in Canada. RESULTS OF INJURIOUS SPECULATION Scattered shacks on a sub-divided farm ten miles outside of Toronto; most of the surrounding land is lying idle. Between this farm and the city the greater portion of the land served by roads has suffered from injurious building speculation. (See also Map No. 2).. Carpenters home on the same farm. Unhealthy isolation is not confined to poor farming districts,and is here the direct product of Injurious land speculation. RURAL PLANNING AND DEVELOPMENT 113 a forced overflow of ur
. Rural planning and development; a study of rural conditions and problems in Canada. RESULTS OF INJURIOUS SPECULATION Scattered shacks on a sub-divided farm ten miles outside of Toronto; most of the surrounding land is lying idle. Between this farm and the city the greater portion of the land served by roads has suffered from injurious building speculation. (See also Map No. 2).. Carpenters home on the same farm. Unhealthy isolation is not confined to poor farming districts,and is here the direct product of Injurious land speculation. RURAL PLANNING AND DEVELOPMENT 113 a forced overflow of urban population into rural territory to suitspeculative schemes. In Britain, land is taxed at 50 per centof its net annual value for agricultural purposes as against a tax on 100per cent of its net annual value if used for private residences. Itis held that the land used by the farmer is just as much a part of hisstock-in-trade as his cattle and implements and that he should not berequired to pay as heavy a tax on a farm worth say $500 per annum—when his income is probably no more than $500—as the man who oc-cupies a house worth $500 per annum and whose income may thereforebe reckoned at ten times as much. One may reasonably ask why thefarmer, earning perhaps $500 per annum net income should pay asmuch in property taxes as the suburban resident earning $5,000 a year—^
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Keywords: ., bookcentury1900, bookdecade1910, bookpub, booksubjectcityplanning
