land-sharking

English

Verb

land-sharking

1. present participle and gerund of land-shark

Noun

land-sharking (uncountable)

1. The speculative purchase of large amounts of land for the sole purpose of selling it at a profit.
   • 1865, George Lyttelton Baron Lyttelton, Ephemera, page 133:

     The main object in making Colonists pay for their land, instead of the Government giving it to them, is to prevent what is called the land-sharking system.

   • 1866, Arthur Saunders Thomson, The Story of New Zealand: Past and Present--Savage and Civilized:

     Land-sharking was not, however, limited to persons whose sole object in life was money-making, as several missionaries, Mr. Wentworth, an eminent Sydney lawyer, and the British Resident, were to be found among them.

   • 1904, New Zealand. Parliament, Parliamentary Debates - Volume 127, page 543:

     In the old land-sharking days the European could not acquire land from a Native until it was shown that the Native had enough land for himself and his family; but the Government had bought the last acre, and also the interest of the children.

   • 2006, Anne Mackin, Americans and Their Land: The House Built on Abundance, page 148:

     Speculation and its abuses intensified, including practices such as land-sharking, a staple of Westerns, in which unscrupulous frontier agents sold land warrants to farmers on credit, often at very high interest rates.

   • 2022, Ned Fletcher, The English Text of the Treaty of Waitangi:

     Through the Church Missionary Society in London, the Colonial Office heard of the increasing pace of Māori conversion to Christianity and justifications for missionary land purchases, including that some were on trust for Māori to protect them from European land-sharking.

2. Any of various illegal or unethical practices around the sale or lease of land, such as criminally forcing sales, fraudulently selling land, charging exorbitant rents, etc.
   • 1870, Patrick Lavelle, The Irish Landlord Since the Revolution, page 306:

     "The landlords there" (Ireland), says Spenser, "most shamefully rack their rents;" so that our present generateion of rack-renters, land-jobbing companies, as well as land-sharking individuals, have a long prescription for their legalized system of plunder.

   • 2016, Corinna Elsenbroich, David Anzola, Nigel Gilbert, Social Dimensions of Organised Crime, page 14:

     Due to the real estate bubble of the 1980s, for example, the Yakuza entered into the business of land-sharking. The goal of this type of extortion was to force landowners or lease holders to sell or give up their lease, respectively, so as to allow larger real estate developments on that land.

   • 2017, Tetsuya Honda, Soul Cage:

     In Tokyo fifteen years ago, land-sharking of that kind had been rampant, though not always easy to detect.

   • 2018, Markus Schultze-Kraft, Crimilegal Orders, Governance and Armed Conflict, page 46:

     Organised criminal operations range from illegal protection and extortion rackets and the trafficking and/or smuggling of illicit drugs, cigarettes, humans, firearms and wildlife to cybercribe, oil theft, illegal mineral mining, land-sharking, counterfeiting and maritime piracy (Costa 2010; UNODC 2010).