Saturday, 2 March 2013
A description of land hoarding
Land hoarding is a phenomenon (symptom) of enabling people to 'own' land at the discretion of the state. This means that when a land dispute arises between a land-owner and a trespasser or 'squatter' the state will intervene to determine who has the true claim. This means that land can be owned and then that land hoarding is possible. The obvious negative consequences of land hoarding are that people will find it difficult to get their own land and a place to live if all the land has been taken. To help prevent this type of land hoarding it is possible to place constraints on land ownership. We can do this by enabling a person to own up to a certain amount of land (measured in area or market value) but no more. If there is a limit on the amount of land it is possible for an individual to own (according to the state) then it will be easier for the rest of the population to get their own land. If there is no limit (or tax) then it is likely that (some) people will choose to hoard the land to the disadvantage of the rest of the population. To prevent land hoarding the state should impose a limit above which it is not possible for a person to own land. If there is not a limit on land ownership land hoarding will result.
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