I tend to think in terms of competitive markets vs. natural monopolies when it comes to private vs. public ownership and management.
So, for property, well, is all the property owned by one entity? If there's one bank that owns all the farmland, that's not a competitive market for farmland.
Water is like electricity is like fiber optic routes, however, and those should be public utilities - but the equipment they need to build and maintain those systems should be provided by the private sector, in a competitive bidding manner.
So, for property, well, is all the property owned by one entity?
In the case of a municipality, and in thinking of landownership as a "bundle of rights" such as water rights, air rights, mineral rights, development rights, leasing rights, etc... So many of those rights are controlled by the local municipal authority.
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I tend to think in terms of competitive markets vs. natural monopolies when it comes to private vs. public ownership and management.
So, for property, well, is all the property owned by one entity? If there's one bank that owns all the farmland, that's not a competitive market for farmland.
Water is like electricity is like fiber optic routes, however, and those should be public utilities - but the equipment they need to build and maintain those systems should be provided by the private sector, in a competitive bidding manner.
In the case of a municipality, and in thinking of landownership as a "bundle of rights" such as water rights, air rights, mineral rights, development rights, leasing rights, etc... So many of those rights are controlled by the local municipal authority.