The dimensions of the Earth are finite which means that, for land to be used optimally, it is best that individuals are prevented from taking control of too great a portion. Land occupation can be restricted with the introduction of a Land Value Ceiling, since land is not infinite. It is not good to tolerate a free market in commodities which are limited in supply, only those things which can be made and reproduced.
When we own land rights this means there is less land available for others and there is no way to reduce this 'externality' (other) than to introduce a limit on how much land we can own. Owning land affects other people and, to reduce this effect we can limit land rights which makes more land available and make it easier for people to purchase land at a reasonable price.
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