Here's my guess: current owners will be charged a concession (tax) to continue to hold title. This concession will increase over the years and make reasonably large jumps with every transfer of the property. A company will be created and collect 20-25% of the concession revenues to manage the collection/distribution of the funds and take title to the land via foreclosure due to non-payment, this will be the real winner.
Here's my guess: current owners will be charged a concession (tax) to continue to hold title. This concession will increase over the years and make reasonably large jumps with every transfer of the property. A company will be created and collect 20-25% of the concession revenues to manage the collection/distribution of the funds and take title to the land via foreclosure due to non-payment, this will be the real winner.