> The functionality of personal property has not under normal conditions ever depended on trusted third parties.
If so, it's the sign you have a low trust society in a more general sense. In a high trust society it's easy to say "This is my personal property, no one is going to mess with it". Things like your car being out front the next day, or your goats not getting stolen, and any number of social expectations are quietly met every day. You don't behave like the police of your property all night and are able to get a good nights sleep. This allows you to get a job as a specialist and make a good income, along with all your neighbors which brings more prosperity.
Trusting vs not trusting come with different costs that must be calculated.