3 ms·
No, that's not true. Real estate can be purchased and owned, resold over and over without being improved by labor. Land property is not created by laboring on i
by reroute1 7y ago
No, that's not true. Real estate can be purchased and owned, resold over and over without being improved by labor. Land property is not created by laboring on it, in fact it was always there.
- bediger4000 7y agoYes, that's true, even if the "improvement" is merely to define property lines and locations. If property lines aren't there, it effectively doesn't exist. I mean, yes, some chunk of continental crust exists, but it's not "property" if you can't define it.
- reroute1 7y agoIf you completely redefine "improvement" and "labor" then sure.
- pitaj 7y ago> No, that's not true. Real estate can be purchased and owned, resold over and over without being improved by labor. The initial labor is what creates the property. It can then be traded and whatnot. But it was not property before the initial labor that transformed wild land to something useful. > Land property is not created by laboring on it, in fact it was always there. There is much untouched land on the moon. Who owns that? Land exists before improvement, but it is not property until improved through labor by people. That's just how the property rights on which our civilization is based work.
- wolfgke 7y ago> There is much untouched land on the moon. Who owns that? https://en.wikipedia.org/w/index.php?title=Moon_Treaty&oldid=912023917 https://en.wikipedia.org/w/index.php?title=Moon_Treaty&oldid...
- reroute1 7y agoExactly physical land exists, and the only "labor" required for it to be property is for people to agree on it being property. How does this constitute real labor or improvement? Intellectual properties are generally more creative based endeavors and should be protected as such IMO