Private property is central to American character, culture and democracy. America’s farmers understood it as key to the liberties the new country was designed to foster. But private property has not stood still. Over the last 200+ years, private property has changed as American society has changed. What one owns in 2003 in not what one would have owned in 1776, 1865 or 1903. How will private property continue to change in the 21st century? This question, and the challenges it offers for democracy and community, is the focus of this book.