Cold but sunny ride

[the Ferret]

Nice. Great day for a ride it appears.

What does land bank mean?

Its an entity that buys land for conservation. They own about 50% of the island so far. Whenever there is a property transaction the buyer pays an additional 2% of the sale price to the Land Bank. They are so flush that recently they have been buying up waterfront properties and removing the houses and letting it go back to wild.

Nice day, but with no shield it was too cold over 40mph.

Its an entity that buys land for conservation. They own about 50% of the island so far. Whenever there is a property transaction the buyer pays an additional 2% of the sale price to the Land Bank. They are so flush that recently they have been buying up waterfront properties and removing the houses and letting it go back to wild.

Nice day, but with no shield it was too cold over 40mph.
Private entity? Not a bank? Holy cow, buying sea shore properties with houses and tearing them down? They must be flush with coin.