I like the large land owners. They tend to be good stewards of the land and they don’t do much with it other than build a mansion in one corner and improve the habitat. Usually, long term conservation easements are involved too.
And then they die and some of it gets broken up again. It’s nothing to worry about except for those who hate seeing others succeed in spectacular fashion. Under even today’s hog-tied capitalism, some people will be very successful.
Good points.
Especially if there in good with the right politicians.
That was my first thought about this and I agree with the other points you made. They make improvements and eventually the land sells for less than they invested in it.