Full Idea
The good standing of a predicate is already trivially sufficient to ensure the existence of an associated property, a (perhaps complex) way of being which the predicate serves to express.
Gist of Idea
A successful predicate guarantees the existence of a property - the way of being it expresses
Source
B Hale / C Wright (The Metaontology of Abstraction [2009], §9)
Book Reference
'Metametaphysics', ed/tr. Chalmers/Manley/Wasserman [OUP 2009], p.197
A Reaction
'Way of being' is interesting. Is 'being near Trafalgar Sq' a way of being? I take properties to be 'features', which seems to give a clearer way of demarcating them. They say they are talking about 'abundant' (rather than 'sparse') properties.