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by _heimdall 819 days ago
I think wires are getting crossed here on the "useful" or intrinsic value of land versus the market value. The GP was arguing that the land value is separate from outside considerations like amenities.

People argue this over things like gold as well. IMO at the end of the day its impossible to tease apart anything other than the total market value, and I think that's where you are at as well sticking to the land's total market value.