Glossary

Grid-owning infrastructure services

Grid-owning infrastructure services

Grid-owning infrastructure services

Grid-owning infrastructure services

Grid-owning infrastructure services are services that require the ownership of a grid of land that interlocks across the area. This includes roads, railways, electricity, telephone, water, sewers, and the like, but not services that depend on these (such as garbage collection depending on roads). are services that require the ownership of a grid of land that interlocks across the area. This includes roads, railways, electricity, telephone, water, sewers, and the like, but not services that depend on these (such as garbage collection depending on roads).

Inflation

Inflation

Inflation

Inflation

Inflation is the amount that the price of goods and services go up. For example, if your wages go from $10/hour to $20/hour, but potatoes go from $1/kg to $2/kg, then your wages haven't gone up in real terms, because one hour's work still buys 10kg of potatoes. Inflation is generally regarded as a bad thing because, while your work is worth just as much in the example above, your savings are worth less. is the amount that the price of goods and services go up. For example, if your wages go from $10/hour to $20/hour, but potatoes go from $1/kg to $2/kg, then your wages haven't gone up in real terms, because one hour's work still buys 10kg of potatoes. Inflation

Inflation

Inflation is the amount that the price of goods and services go up. For example, if your wages go from $10/hour to $20/hour, but potatoes go from $1/kg to $2/kg, then your wages haven't gone up in real terms, because one hour's work still buys 10kg of potatoes. Inflation is generally regarded as a bad thing because, while your work is worth just as much in the example above, your savings are worth less.
is generally regarded as a bad thing because, while your work is worth just as much in the example above, your savings are worth less.

Land demand

Land demand

Land demand

Land demand

Land demand is the number of people or groups of people wanting to live on separate properties; land demand for suburban housing may be somewhat separate from land demand for apartments. You can read more about land demand in Land Supply and Demand. is the number of people or groups of people wanting to live on separate properties; land demand

Land demand

Land demand is the number of people or groups of people wanting to live on separate properties; land demand for suburban housing may be somewhat separate from land demand for apartments. You can read more about land demand in Land Supply and Demand.
for suburban housing may be somewhat separate from land demand

Land demand

Land demand is the number of people or groups of people wanting to live on separate properties; land demand for suburban housing may be somewhat separate from land demand for apartments. You can read more about land demand in Land Supply and Demand.
for apartments. You can read more about land demand

Land demand

Land demand is the number of people or groups of people wanting to live on separate properties; land demand for suburban housing may be somewhat separate from land demand for apartments. You can read more about land demand in Land Supply and Demand.
in Land Supply and Demand.

Land release

Land release

Land release

Land release

Land release is a euphemism for the process whereby the government rezones land from a lower density zoning (such as rural) to a higher-density zoning (such as suburban). If the government hadn't restricted the land, it wouldn't need "releasing". You can read more about this in Land Supply and Demand. is a euphemism for the process whereby the government rezones land from a lower density zoning (such as rural) to a higher-density zoning (such as suburban). If the government hadn't restricted the land, it wouldn't need "releasing". You can read more about this in Land Supply and Demand.

Land supply

Land supply

Land supply

Land supply

Land supply is a term that indicates how many blocks of land are available. Allowing subdivision (such as by rezoning from rural to residential) increases the land supply, as does limiting the amount of land that someone can buy. You can read more about it in Land Supply and Demand. is a term that indicates how many blocks of land are available. Allowing subdivision (such as by rezoning from rural to residential) increases the land supply

Land supply

Land supply is a term that indicates how many blocks of land are available. Allowing subdivision (such as by rezoning from rural to residential) increases the land supply, as does limiting the amount of land that someone can buy. You can read more about it in Land Supply and Demand.
, as does limiting the amount of land that someone can buy. You can read more about it in Land Supply and Demand.

Land Value Tax

Land Value Tax

Land Value Tax

Land Value Tax

Land Value Tax is a tax on the value of the land, but not on the value of the things on the land (such as buildings); buildings are not taxed, land is. You can read more about it in Land Taxes. is a tax on the value of the land, but not on the value of the things on the land (such as buildings); buildings are not taxed, land is. You can read more about it in Land Taxes.

Negative gearing

Negative Gearing

Negative gearing

Negative Gearing

Negative gearing means that a rental property is losing money; if it is tax deductible against the rest of someone's income, it means that the price paid for the housing is inflated, as people can then claim a tax deduction on their losses; tax deductions from income is one thing, but personal tax deductions for losses is another. means that a rental property is losing money; if it is tax deductible against the rest of someone's income, it means that the price paid for the housing is inflated, as people can then claim a tax deduction on their losses; tax deductions from income is one thing, but personal tax deductions for losses is another.

Stamp Duty

Stamp Duty

Stamp Duty

Stamp Duty

Stamp Duty is a state government tax that is charged every time you buy a property. You can read more about it in Land Taxes. is a state government tax that is charged every time you buy a property. You can read more about it in Land Taxes.