Friday, 25 June 2010

The Government subsidises land ownership

The landless are owed compensation from those who have an excess of land.

If we have an excess of land it means we owe a payment to those who do not have any land of their own to compensate them for their compliance with the pertaining property claims. The poor are owed compensation by the rich for being denied access to land. We are owed compensation for being denied access to land.

It is legitimate to restrain the market when it comes to land, because we cannot own and trade land in isolation as everyone is involved in the arrangement. We all have an involvement in land. The Government is intervening in the land market when it provides protection at below the market price.

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