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Pepys, Samuel, 1633-1703

"The Diary of Samuel Pepys"

And
tells me of one particular, of a man that hath a piece of ground
lying in the very middle of the street that must be; which, when
the street is cut out of it, there will remain ground enough, of
each side, to build a house to front the street. He demanded
700l. for the ground, and to be excused paying any thing for the
melioration of the rest of his ground that he was to keep. The
Court consented to give him 700l., only not to abate him the
consideration: which the man denied; but told them, and so they
agreed, that he would excuse the City the 700l., that he might
have the benefit of the melioration without paying any thing for
it. So much some will get by having the City burned! Ground by
this means, that was not worth 4d. a-foot before, will now, when
houses are built, be worth 15s. a-foot. But he tells me of the
common standard now reckoned on between man and man, in places
where there is no alteration of circumstances, but only the
houses burnt, there the ground, which with a house on it did
yield 100l. a year, is now reputed worth 33l.


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