Furthermore, the traditional response to the observation is not in favor of greens, social critics, and other worrywarts who fret over issues such as population growth, but rather supports the capitalist argument that land tends to be used more efficiently under private ownership, in that the owner is interested in supporting the long-term value of the property.
Traditionally, it is countered that land is more efficiently used under private ownership.
The owner is the least interested in the value of his own property.