Tenants pay rent or they are evicted.
Property "owners" pay property tax or they are evicted.
Tenants can only use the premises according to conditions set in their lease.
Property "owners" can only use their land according to conditions set by building/zoning codes.
Landlords can decline to continue a lease, and instead rent to someone willing to pay a higher rent.
Governments can exercise "eminent domain" (thin euphamism for 'nationalization') and give the property to someone willing to pay more taxes.
That's exacty correct. Property rights, so crucial to a free market and society are little more than a ruse anymore.