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what will be the status of owned property in Israel when Moshiach comes.

Will a person's apartment remain his? or perhaps the land will be redivided.

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This is an interesting question. In the worst situation, I would assume that with Mashiach will come a restored Sanhedrin, and the Yovel (Jubilee) will take effect. At that point land would be restored to the "original owner". It will be a challenge to determine who that will be. IY"H, we should be around to witness this challenge :-) –  DanF Jul 24 at 20:41
    
One aspect: judaism.stackexchange.com/q/18719 –  msh210 Jul 25 at 0:23
    
Somewhat related: judaism.stackexchange.com/q/27124 –  msh210 Jul 25 at 0:29
    
@DanF Why is that "worst situation"? That means that we all get equal parts of the land....second, why isn't that an answer? Can you source that Yovel would come back with Mashiach? –  Shokhet Jul 25 at 20:04
    
@Shokhet - The best situation would be that land distribution occurs immediately on the same day Moshiach comes. I was assuming that if he came many years before a Yovel, people would have to wait as much as 49 years. What, if at the time you were 1 day before your 72nd birthday? You get to enjoy your ownership for 1 day, perhaps :-) –  DanF Jul 25 at 20:31

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