Do people in the US truly own their land? In China, you lease your land from the state for up to 70 years at a time, and the leases are based on the land value.

Do people in the US truly own their land? In China, you lease your land from the state for up to 70 years at a time, and the leases are based on the land value. It's functionally a land value tax by another name. But that doesn't mean Chinese people have zero rights with regard to the land they lease.