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On the broadest strokes it makes sense. We gave up the liberty of truly owning the land so the government can build houses on them. From there we more or less are rented the land and almost everyone pays a tax for it.

Homeowners have some power. But if the government really needs to (modern example includes building a new railway), They can elect to forcibly pay you and seize it (eminent domain).

>We all give up the liberty of driving on the wrong side of the road, and nobody seems to mind.

Auto transportation was never a right to begin with. As inconvenient as it is, you are free to walk wherever you want without trespassing. Even across a road. But there's a line when you start to simply endanger others by say, walking on a road at 5 mph.




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