This idea is the problem. Taken to its logical conclusion, we get feudalism, where those who don't own land will forever pay rent the landed gentry, only because they were fortunate enough inherit land.
Property tax fixes this somewhat, but California decided to weaken that with Prop 13, and now is approaching feudalism. For example, in the apartment I lived in California, the rent paid would cover the landlord's property tax obligations in a month, and the remaining rent is the landlord's (minus whatever costs they have for maintenance).
This idea is the problem. Taken to its logical conclusion, we get feudalism, where those who don't own land will forever pay rent the landed gentry, only because they were fortunate enough inherit land.
Property tax fixes this somewhat, but California decided to weaken that with Prop 13, and now is approaching feudalism. For example, in the apartment I lived in California, the rent paid would cover the landlord's property tax obligations in a month, and the remaining rent is the landlord's (minus whatever costs they have for maintenance).