Download This PaperMaking Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830
43 Pages Posted: 22 Jun 2008 Last revised: 20 Jul 2022
Date Written: June 2008
Abstract
Between 1660 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by inheritance rules and other legal legacies. The loosening of these legal constraints facilitated the reallocation of land and resources towards higher-value uses. Data reveals correlations between estate acts, urbanization, and economic development during the decades surrounding the Industrial Revolution.
Suggested Citation: Suggested Citation
Bogart, Daniel E. and Richardson, Gary, Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830 (June 2008). NBER Working Paper No. w14107, Available at SSRN: https://ssrn.com/abstract=1149353
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