...snip...
Inefficient? Paying $75 a year in subs is hardly complicated.
The car on my drive is paid for too, but that doesn't mean get to threaten me if I don't chauffeur you around in it.
Its inefficient on 2 levels:
1. The value of the house has been lost - for all you know the owner had senile dementia or was illiterate or had some other perfectly valid reason for sucking at paperwork. So wealth has been destroyed for no good reason.
2. its cheaper to collect things like the costs of police, roads, fire service, schools and health through the tax system than to have separate bureacracies for each. So even if everyone pays the $75, its still inefficient.