The true value of anything is what anyone's willing to pay for it.
You didn't answer the question, during the good times did they pay more? I'm guessing the answer is no they put it in their pockets, so during the bad why should we the taxpayers be forced to put our hands in ours?
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The true value of any transaction is what people are prepared to pay and what the owner is prepared to accept. In this case, they had no say in the sale as it was snatched from them even if they actually didn't want to sell. Your point about the good times is strange. They owned the property, they paid their rates at the appropriate rate so where exactly or what exactly were the good times ?. What blackdog said but in a different way. So, the same question you might like to ponder upon. |