E.g. An apartment building rented to tenants is the landlords private property. They have exclusive rights to the decisions, especially economic ones, regarding the building and the profits of the rent.

A car, book, house, pizza, are all your personal property so long as you don't owe a lender anything for them.

So no private property might look like:

The people who live in an apartment building own the building collectively and have the full right therein, but the individual units are each their own personal property.

[–] Grayox@lemmy.ml 0 points 10 months ago (1 children)

Here's a video breaking it down.

[–] PipedLinkBot@feddit.rocks 0 points 10 months ago

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Here's a video breaking it down.

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