This low tax on land was part of the reason for the property bubbles in these countries, because untaxed land value was paid to Banks, which, in turn, lent it out to bid up prices all the more.
Analysts say the main cause of Mexico's nosedive is that the nation's economy is tied strongly to that of the United States, which is mired in the deepest economic downturn since the 1930s.
The reason for constructing the buildings from wood is probably that ideally proportioned straight and slender timber was available in large quantities in Scandinavia's vast pine forests.
There is no definite or right answer in this case, but we have put together a few interesting reasons from different people as to why life is worth living.