Talk:Ground rent
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This reads like a legal textbook and the English is impenetrable for the average reader.
[edit] Ground rents a good investment?
The is a sentence in the "English law" section which reads "But while a rack rent is generally higher in amount than a ground rent, the latter is usually better secured, as it carries with it the reversionary interest in buildings and improvements put on the ground after the date at which the ground rent was fixed, and accordingly ground rents have been regarded as a good investment". Many ground rents in England are of the order of £5 per annum and the leases were often granted for 999 years. There have been a number of changes to the laws protecting lessees since 1977 making it all but impossible for the landlord to sieze the property from defaulters and those created before 1977 will be extinguished by 2037 anyway, so I really can't see how these would be considered a good investment. Is this text taken from the 1911 Brittanica? Richerman (talk) 16:41, 6 February 2008 (UTC)
