[prottog]

> it derives the largest proportion of its value from the efforts of others

We already know how to solve for this, via land value taxes. No need to remove private ownership to fix that.

[scatters]

Yes, I should have mentioned land value taxes. Depending on the level, they reduce or eliminate the property interest in the rental value of the land itself, while preserving the usufruct and stewardship aspects, crucially allowing the owner to take full property ownership of and benefit from the improvements they make to the land.