Plenty of examples on both sides of that, even in the US there’s vast swaths of land that can’t be privately owned for example try and buy a navigable river or land below the ordinary high water mark etc. https://en.wikipedia.org/wiki/Navigable_servitude Similarly eminent domain severely limits the meaning of private land ownership in the US.

The most extreme capitalist societies free from government control of resources like say Kowloon Walled City are generally horrible places to live.