Why Don't Christians Have A Jubilee Year Like In The Bible

[Drich]

I understand that wikipedia is not a good source but there definition of the Hebrew Jubilee is easy to understand

The Jubilee (Hebrew yovel יובל) year is the year at the end of seven cycles of shmita (Sabbatical years), and according to Biblical regulations had a special impact on the ownership and management of land in the Land of Israel; there is some debate whether it was the 49th year (the last year of seven sabbatical cycles, referred to as the Sabbath's Sabbath), or whether it was the following (50th) year. Jubilee deals largely with land, property, and property rights. According to Leviticus, slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest. Leviticus 25:8-13 states:

Many of my religious friends tithe because they feel that giving ten percent is required of them from the bible. The New Testament does not talk about tithing so they are looking at Old Testament laws.

If you happen to live during that 49th year, it would be nice to have your debt forgiven or be freed from prison.

The short answer is the OT laws were subdivided into three categories. The moral code, social law, dietary/hygiene laws.

The holy-days and traditional observances were considered to be apart of the social laws. Only the 'moral code' was brought over to christianity.