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by f154hfds 1048 days ago
In ancient Israel it was a law that land had to be re-pooled back into its original tribal allocation every 49 years, it was called 'the year of jubilee'. Not sure there's evidence this law was really kept, though it's an interesting idea. Sometimes I wonder how property value (and housing markets) would behave if everyone in the US eventually went back to some 'tribal' allotment every 50 years.