Since the introduction of the municipal ground lease in Amsterdam in 1896, the conditions have continually been subject to changes. Despite that, still no one is really satisfied with the ground lease system. After the most recent change, the question is whether its original goals can still be achieved.
Seventeen years after the publication of Henry George’s Progress and Poverty, the city of Amsterdam decided not to sell any more of its land. Instead they installed a system of municipal ground lease, to ensure the community would benefit from the increased value of the land. The system has been hotly debated ever since, including by Georgists.