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Do not attempt to compete with Pinboard. http://pinboard.in  maciej@ceglowski.com +1 415 610 0231

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    Pinboard‏ @Pinboard 27 Jul 2017

    Pinboard Retweeted Julia Ioffe

    Geopolitics nerds, why are these kinds of leases so often 49 or 99 years long?https://twitter.com/juliaioffe/status/890597897162678272 …

    Pinboard added,

    Julia IoffeVerified account @juliaioffe
    Russia signs a deal for a 49-year lease of the Hmeymim airbase in Syria. http://www.reuters.com/article/us-mideast-crisis-russia-syria-idUSKBN1AC1R9 …
    8:43 AM - 27 Jul 2017
    • 2 Retweets
    • 10 Likes
    • Zygmunt Zając Fen Alex Leitch (((MyExistanceDoesNotOppressYou)))🕎👨‍💻👨‍🏫 grep Sharp Reminder Eli.Mara1982 Gizmo Mathboy
    10 replies 2 retweets 10 likes
      1. Bulwark‏ @Bulwrk 27 Jul 2017
        Replying to @Pinboard

        Because 50 would be greedy.

        0 replies 0 retweets 0 likes
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      1. Nick Heer‏ @nickheer 27 Jul 2017
        Replying to @Pinboard

        Historical business practice: https://en.wikipedia.org/wiki/99-year_lease …

        0 replies 1 retweet 3 likes
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      1. Sean‏ @seanlinsley 27 Jul 2017
        Replying to @Pinboard

        you gotta leave room for tax of course

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      1. Jurgen Beliën‏ @jurgenbelien 27 Jul 2017
        Replying to @Pinboard

        Auto-renewal?

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      1. Grumpy Antifa Gramp‏ @dozykraut 27 Jul 2017
        Replying to @Pinboard

        Ancient common law tradition https://en.wikipedia.org/wiki/99-year_lease …

        0 replies 0 retweets 2 likes
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      1. Luke Francl‏ @lof 27 Jul 2017
        Replying to @Pinboard

        99 years is/was the longest period of time for a legal lease. First heard of this w.r.t. to UK's Hong Kong lease https://en.wikipedia.org/wiki/99-year_lease …

        0 replies 0 retweets 5 likes
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      1. Cormac‏ @cormacrelf 27 Jul 2017
        Replying to @Pinboard

        Used to be the maximum. Now it's just convention, it means 'long'.

        0 replies 0 retweets 0 likes
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      1. Cormac‏ @cormacrelf 27 Jul 2017
        Replying to @Pinboard

        This is what happens when 99 years are up: https://www.mba.org.au/news-and-media/news/article/renewing-a-99-year-lease-in-the-act-things-unit-holders-will-need-to-know/ …

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      1. Cormac‏ @cormacrelf 27 Jul 2017
        Replying to @Pinboard

        @Pinboard It's usually grants of land by crown or govt, where the lease gives you most property rights in xchg for small tax

        0 replies 0 retweets 0 likes
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      1. joshua schachter‏ @joshu 27 Jul 2017
        Replying to @Pinboard

        i think it echos leasehold arrangements.https://en.wikipedia.org/wiki/Leasehold_estate …

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