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Christaller's central place theory is better able to predict the size and spacing of towns in an agricultural region than in a mining region.
Henry George
A 19th-century economist known for his ideas on taxation, particularly the proposal that a single tax on land value could replace all other taxes, thereby improving economic equality and efficiency.
Rent
A regular payment made by a tenant to a landlord for the use of land, a building, or other property.
Landlords
Property owners who rent out land, residential, or commercial properties to tenants.
Present Value
The value today of the stream of expected future annual income that a property generates.
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