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"Ownership" is meaningless. Each region of Europe have their own laws regarding what you can and cannot do with the land you "own" and what duties and rights you get by owning it. For example, you might buy one of these houses but the building codes mandate that you renovate and preserve the exterior. Heck, in some countries you are not allowed to even live in structures outside the habitable region.



Right, that's why I brought it up. In Italy, they were selling houses for $1 but the regulations around it plus the ongoing property taxes change the entire calculus.

Regardless, land is valuable but only if you own it and have some control over monetizing your ownership.


> Heck, in some countries you are not allowed to even live in structures outside the habitable region.

Isn’t that the law in most developed countries? I live in an Eastern European country that is not quite well developed and we’ve had this type of law for as long as I can remember.




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