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…what?

I get the idea, but having money shouldn’t mean you should be able to just choose someone’s land and decide its yours.

With enough money you can already do this. You just propose a road building scheme through your enemies garden, sponsor the scheme so it looks like a great deal to local government, and the government will compulsory purchase the garden.

So my house is worth 500k, someone looking for house in range 500k-700k, really really likes my house and just kicks me out for 750k? Sounds like terrible idea.

If you really don't like the idea of that happening, you can always self-declare a higher value. Then, not only is it less likley someone chooses your land to buy, but also if it does happen you get more compensation. But then you'll also have to pay matching higher property taxes.

That sounds a bit extreme. What if your land suddenly appreciates without you knowing?

I think this is not a very fair system and would cause lot of middle class people lose their home to large owners.