Rich Lowry

You know what she reminds me of?

This is what people say is being done to South African farmers, right?

You get a government that is racist against white people and seeks to oppress them.

in order to supposedly make up for past injustices.

There you go.

Yeah, I missed that.

But homeownership is a universal aspiration and it's good for everyone.

And you want more people to be homeowners, not to punish people who happen to have enough resources to own homes and to really reduce the value of housing and to make rents lower and the price of houses lower.

You need a greater supply.

So you need to encourage people

developers and landlords to build and invest more.

And this is the exact opposite approach.

What does that mean?

A different relationship to property.

Does that mean your property is being taken from you or you can no longer own it?

And I don't know anyone whether they own the smallest little postage stamp property or the biggest mansion in the country.

Everyone is proud of their property.

Everyone's highly invested in it.

No one wants anyone to take a step on it without their permission.

This is a fundamental part of human nature, and that's why systems based on this worldview always and inevitably fail.