Quote:
Originally Posted by Andrew H.
That's not true at all. Ownership is always a collection of rights to your property, but rarely all of them.
I own my house and the land it sits on, but I can't tear it down and build a gas station due to zoning requirements. I can't refuse to sell it to someone based on their race. I can't grow marijuana on it. I can't let it become dilapidated. If I do repairs, they have to be up to a certain standard and meet code; for more serious repairs and renovations I would need pre-approval by the city. For certain work I would need to hire a licensed contractor and have the work inspected by the city.
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In most european countries you wouldn't even own any minerals or resources underneath your property.
Property rights are important and protecting them is a cornerstone of modern economies but they are never absolute simply because property doesn't exit in a vacuum.