Vikapedia defines Property Rights as: Property rights are theoretical constructs in economics for determining how a resource is used and owned. Resources can be owned (the subject of property) by individuals, associations or governments. Property rights can be viewed as an attribute of an economic good. This attribute has four broad components and is often referred to as a bundle of rights: 1. the right to use the good 2. the right to earn income from the good 3. the right to transfer the good to others 4. the right to enforcement of property rights. In economics, property usually refers to ownership (rights to the proceeds generated by the property) and control over a resource or good. Taxes on gasoline weaken property tights because they restrict the right to use your automobile. Property taxes weakens property rights because taxes reduce the right to earn income from a good. If taxes become very high, regulations become very onerous and business licenses are very difficult and expensive to get legal owners of property lose their property rights. They may "own" the property but cannot use their property, cannot transfer ownership of their property, cannot use the property to earn income, and cannot enforce their property rights. In economics, property usually refers to ownership (rights to the proceeds generated by the property) and control over a resource or good. Taxes on gasoline weaken property tights because they restrict the right to use your automobile. Property taxes weakens property rights because taxes reduce the right to earn income from a good. If taxes become very high, regulations become very onerous and business. licenses are very difficult and expensive to get legal owners of property lose their property rights. They may "own" the property but cannot use their property, cannot transfer ownership of their property, cannot use the property to earn income, and cannot enforce their property rights. Inheritance taxes weaken property rights because inheritance taxes restrict the right to transfer goods and property to others. Requiring a license to do business weakens property rights because they restrict property owners from the use of their property and goods. Being able to establish clear ownership of property is required to have strong property rights. Zoning regulations that prevent beachfront property owners from restricting access to beaches weaken property rights because they prevent property owners from controlling the use of their property..

1. Vikapedia defines Property Rights as: Property rights are theoretical constructs in economics for
determining how a resource is used and owned. Resources can be owned (the subject of
property) by individuals, associations or governments. Property rights can be viewed as an
attribute of an economic good. This attribute has four broad components and is often referred to
as a bundle of rights: 1. the right to use the good 2. the right to earn income from the good 3. the
right to transfer the good to others 4. the right to enforcement of property rights. In economics,
property usually refers to ownership (rights to the proceeds generated by the property) and
control over a resource or good. Taxes on gasoline weaken property tights because they restrict
the right to use your automobile. Property taxes weakens property rights because taxes reduce
the right to earn income from a good. If taxes become very high, regulations become very
onerous and business licenses are very difficult and expensive to get legal owners of property
lose their property rights. They may "own" the property but cannot use their property, cannot
transfer ownership of their property, cannot use the property to earn income, and cannot enforce
their property rights. In economics, property usually refers to ownership (rights to the proceeds
generated by the property) and control over a resource or good. Taxes on gasoline weaken
property tights because they restrict the right to use your automobile. Property taxes weakens
property rights because taxes reduce the right to earn income from a good. If taxes become very
high, regulations become very onerous and business. licenses are very difficult and expensive to
get legal owners of property lose their property rights. They may "own" the property but cannot
use their property, cannot transfer ownership of their property, cannot use the property to earn
income, and cannot enforce their property rights. Inheritance taxes weaken property rights
because inheritance taxes restrict the right to transfer goods and property to others. Requiring a
license to do business weakens property rights because they restrict property owners from the use
of their property and goods. Being able to establish clear ownership of property is required to
have strong property rights. Zoning regulations that prevent beachfront property owners from
restricting access to beaches weaken property rights because they prevent property owners from
controlling the use of their property.