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Property Is Just A Natural Resource Licence?

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I am fed up with the way land ownership is cornered by the few.

I read this (at http://libertarianalliance.wordpress.com/2013/09/07/rent-controls-or-landlord-subsidies/): "Ownership of well-located land is akin to a licence to use a natural resource likely to confer windfall profits on the owners". Is property ownership just the same as a licence to exploit North Sea oil?

I'm starting to think Reginald Salisbury (name??? - I mean Sam Cam's dad if the name is wrong) - should be paying us to put wind farms on his land, and not the other way round...

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I am fed up with the way land ownership is cornered by the few.

I read this (at http://libertarianalliance.wordpress.com/2013/09/07/rent-controls-or-landlord-subsidies/): "Ownership of well-located land is akin to a licence to use a natural resource likely to confer windfall profits on the owners". Is property ownership just the same as a licence to exploit North Sea oil?

I'm starting to think Reginald Salisbury (name??? - I mean Sam Cam's dad if the name is wrong) - should be paying us to put wind farms on his land, and not the other way round...

Yes of course it is. What else could it possibly be?

Edited by erat_forte

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