Originally Posted by
hopeful
lets say you have swamp A and i have swamp B side by side.
govt take your swamp A and pay you $1psf (market rate then), builds lots of infrastructure.
30 years down the road, govt want my swamp B. can the govt pay me $1psf or does the govt have to pay me $100psf (the market rate for swampland now).
would it be better if govt acquire both swamps simultaneously and let swamp B lie fallow for 30 years or govt acquire swamp A first and then swamp B 30 years later.
personally, i think $1psf or $100psf doesnt matter as long as it is market rate at that point in time.