This is a better description of the e-land idea for @serapath
So, back in the time of the dotcom boom, before bitcoin, there was a thing called e-gold. It was a digital currency, but it was backed by gold. You could transfer fractions of a gram, but the e-gold company actually had that gold sitting in a vault somewhere.
After thinking lots about real estate markets, and looking at price graphs of land I had a thought: what if we made land more liquid? what if we did what e-gold did, purchased a large amount of land then essentially created a derivative layer on top of that that was easy to transfer.
Of course, actually transferring a title to real estate is expensive! you need lawyers involved, if you want to subdivide you need surveyors, and to pay fees to local government etc. This raises the bar for access to land significantly.
But, then I looked at the price of some land in NZ - okay the one i linked is sold now, but it was 40 hectares for ~1 million NZD. That works out just $2.5 per square meter! Imagine if you could buy, say, a coffee by trading the access right to a square meter of land???
Or, say, take the price you might pay for a summer music festival - maybe $250 that would be 100 square meters. Enough room for a tent and a small vege garden. $2500 would be enough to actually grow your own food and not be too close to your neighbours either - about the size of a suburban "quarter acre dream" - but for the price of a second hand van.
How I'm thinking it would work - create a legal entity that can own the land - a cooperative who's purpose is to hold the farm (given that land banking is a legitimate business, apparently). Now, in NZ law, a cooperative can have both transactional shares (which are sold for a fixed, aka, nominal value - say $1) and ordinary shares (which are sold at market rates).
The distinction is essential to the definition of "cooperative" - to have a transactional share you have to be doing the thing that the cooperative exists to do. At least 75% of voting rights have to be allocated to transactional shareholders.
In the case of this e-land idea, probably 100%.
The cooperative would have constitution which says access to the land is given by the tradable shares (1sqm each) and voting right are allocated to the transactional shares. To get a transactional share you just have to own at least 1 tradable share.
The company/cooperative is responsible for maintaining legal title of the shareholders, and just needs to keep a sufficiently reliable register of who owns how many shares. So, we build this on ssb etc!
So the purpose of the cooperative is just to make money from capital gains. Land prices always go up, right? One day we'll sell the farm or something maybe when the cooperative votes to do so. But in the mean time, it's fine if you come hang out there, grow some veges whatever. When the farm is liquidated, it is paid out to the tradeable shareholders, and the cooperative is closed.
Yes, this idea is very ancap - but that is mainly because ancap is better at interfacing with regular capitalism, if people actually occupied the land, I'm sure we'd build many ansyn structures on top of that.
Another aspect of this idea is that it should be relatively easy to join or leave. One thing with communes that I've seen is that you can kind of get stuck there - it's very easy to stay, and you might not have any skills etc, valuable in the outside world.
So, this is all a response to the general absurdities of modern late stage capitalism. It's maybe not the ideal way to administer land, but it's a way that I think might work out, or would at least be a wild ride, and also an elaborate prank.