The government's strategy of repurchasing noble land at high prices has proven effective. After enacting the law to repurchase noble land at high prices, many nobles on the verge of bankruptcy opted to sell parts of their land to the government in exchange for emergency funds.
In just over a week, the amount of land acquired from nobles by the government exceeded 2,500 acres, approximately 10 square kilometers.
These lands are actually not much, merely the combined holdings of a few minor nobles with limited assets.
Why are nobles considered the parasites of Spain? Because at their peak, the nobles, comprising only 2% of the population, controlled 95% of Spain's arable land.
Of course, numerous clerics, merchants, and specialized professionals were also included, but such data is still extremely exaggerated.
At that time, 95% of Spain's population were farmers, yet the land they owned constituted 5% of the nation's total land area.
