Posted: 4/19/2019 10:26:08 AM EDT
Half of England Owned by 1% of the Population
"Buy Land, They Ain't Making Any More Of It"
~ Will Rogers
All the land actually belongs to the Crown and that's been the situation since 1066. You never own your land outright, you hold it as freehold tenancy, it is alienable, that is is you can sell it or pass it on to another on your death but if you died intestate without heirs the land reverts to the Crown.
Duke William of Normandy granted tenancies to his loyal followers and generally the large land ownership can be traced to the Crown granting lands to loyal supporters over the next 600 years. 20th Century "death duties" reduced aristocratic land ownership to be replaced by institutional investors.
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