Land is a natural resource that existed before mankind walked the earth.

Land values are created by the whole community because we need to use land for housing, education, public services, agriculture, mining, business, transport, and recreation.

Landowners do not create land values. It is the efforts of others that generate land values. (Imagine the effect on the price of housing land in an area without public services).

Expenditure on public services usually leads to an increase in land values. For example, with few exceptions, new motorways or rail systems dramatically increase land prices.