Introduction to Real Estate. History and Concepts. Place vs. Property Rights. Is property ownership natural? Is property ownership desirable? What does ownership entail? How has ownership been used? What can history tell us?. Ancient History. Old Babylonian Period, Iraq.
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History and Concepts
We have reached the deplorable circumstance where in large measure a very powerful few are in possession of the earth's resources, the land and its riches and all the franchises and other privileges that yield a return. These positions are maintained virtually without taxation; they are immune to the demands made on others. The very poor, who have nothing, are the object of compulsory charity. And the rest -- the workers, the middle-class, the backbone of the country -- are made to support the lot by their labor.
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