Me voici, owner of some four hundred well developed pines, a few thousand tons of granite scattered in blocks at the roots of the pines, and a sprinkling of earth. That's a town lot in Vancouver. You or your agent hold to it till property rises, then sell out and buy more land further out of town and repeat the process. I do not quite see how this sort of thing helps the growth of a town, but the English Boy says that it is the "essence of speculation," so it must be all right.
— RUDYARD KIPLING, From Sea to Sea, Chap. XXVIII