I had so many questions initially about the premise, like "How can they actually literally own the town", and I guess the answer ended up being "They don't"https://twitter.com/MartinDunlop1/status/1294250157635117056 …
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Why does such a thing exist and how did he come to own it? Enh, I dunno You can cobble together some vague headcanon that it's a "leftover right" after he bought a bunch of property rights to the town to redevelop it and then sold them off again
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Kind of like the abstract real estate equivalent of the Bluth staircar ("None of the buyers for the company jet had any need for the stairs")
End of conversation
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