'In reality, in view of our other arrangements, this question of the value of building-sites in Freeland is of no importance whatever. It must not be forgotten that our private houses are not lodging-houses, but merely family dwellings. As I have already said, every contract to let renders absolutely void the occupier's right of exclusive usufruct of the house-site. He who lets his house has, by the very act of doing so, made his plot masterless. A secret letting is prevented by our general constitution, and particularly by the central bank, which we will visit next. Thus the increased value which may be acquired by a building-plot cannot become a question of importance, and we are able to refrain altogether from interfering with free trade in houses. We buy, sell, bequeath, and give away our dwelling-houses, and no one troubles himself about it. I may remark, in passing, that up to the present there has been no noticeable increase in the prices of sites. A man pays for his house what the house itself is held to be worth, the trifling differences being due to the greater or less taste exhibited in the structure, the greater or less beauty of the garden, &c., &c. But that the Eden Vale plots, for example, as such, have a special value cannot be asserted, as there are still many thousands freely available to anyone, but which are not taken. The conveniences of life are pretty evenly distributed throughout Freeland, and no town can boast of attractions which are not balanced by attractions of other kinds in other towns. Eden Vale, for instance, possesses the most splendid buildings, and is distinguished by incomparable natural beauty; hence it is less adapted to industries, and has no agricultural colony in its neighbourhood. Dana City, on the other hand, which is specially suitable for industry, and is in the midst of agricultural land, is unattractive to many on account of its ceaseless and noisy business activity. And, in general, we Freelanders are not fond of large towns; we love to have woods and meadows as near us as possible, and those who are able to live in the country do it in preference to living in towns. Of course, there is not likely to be any lack of rural building-sites; hence there can never be any ground-price proper among us. If, however, building-ground should acquire a price, we are in any case protected by our way and manner of building and living from such prices as would give rise to any material derangement of our property relations. Whether a family residence has a higher or a lower value is, therefore, after all, only a question of subordinate interest, and it is not worth the trouble, in order to equalise the differences in value which arise, to bring into play an apparatus which, under the circumstances, might lead to chicanery.'