I've never been a communist or a socialist, although some of my ideas certainly border on socialism and not my usual right-wing self. One such idea is that about land ownership. I believe that ALL land should belong to the State.
Now that's a brave comment.
In my scheme, instead of someone buying a block of land for their house or business and paying for it, they'd simply get a 99 year lease (or some other period lease) from the government agency controlling land development. The government would charge a nominal rental fee annually to contribute to national taxation.
If the tennant of the land built something on it or otherwise improved it, the ability to transfer the lease would exist, but it would be a government-authorised transaction. Perhaps a slightly higher rental fee would be charged for improvements.
Land acquisition would be on a first-come-first-served basis.
The State (or governments in this sense) has perpetuity, whereas you and I die. It seems to me that it would be more sensible to have an enduring entity in charge of all the land in a country rather than have a false economy built on supply and demand of something that noone can really own.
What do you think?
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