Quote:
Originally Posted by wdfifteen
You got all that from Downton Abbey? It's mostly wrong.
The demise of the English manorial system wasn't brought about by governmental manipulation. It came about because of its own economic inefficiency. The primary activity of the manors was agriculture and the big manors could not support their idle owners in the face of competition from the US, where farmers were independent, worked harder, and only had to feed themselves before they turned a profit. In the face of competition a plot of land couldn't be profitable when it had to feed half a dozen idle owners who require at least as many unproductive servants to care for them.
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Actually taxation is what forced real estate to become a productive asset or slowly drained the land owner's bank account down to zero. It eliminated only providing a return for the estate as a sustaining life option. It's the British model that was exported here in 1913 that insures acceptance of fiat currency and compliance with government directives. Exactly the same as is occurring here in U.S. now. There are no caps on real estate taxes and they are exponential in nature. Eventually forcing it out of unproductive hands. Fee simple ownership no longer exists as it did prior to WW1. The state is the actual owner of all property and has a permanent first lien on all real estate. Try not paying your taxes and you'll quickly see who really owns it. We are all merely renters with varying levels of liens. Sorry, but I disagree.