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This used to be true and may still be true in some areas. However, in recent years people who have not traditionallybeen property owners acquired property they couldn't afford to pay for. Many of them knew their time would run out and they let the property become run down while they lived in it. Many of them had no idea that it was their responsibility to maintain their property. They didn't own rakes, lawnmowers or snow shovels and continued to live as they did in their housing projects and apartment complexes. That phenomenon has resulted in the decline of many formerly well-kept residential neighborhoods in cities and towns.

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Q: Property rights have a positive effect in a market economy because they encourage owners to maintain their property. Is this statement true or false?
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