Tag Archives: Rent Strikes

Doug Casey on Rent Strikes, the Erosion of Property Rights, and What Comes Next

Who’s going to want to own an apartment building and rent out to tenants after all this? From Doug Casey at internationalman.com:

rent strike

International Man: In recent months, “rent strikes” have emerged in many cities. There has also been an increasing number of politicians suggesting they’ll pass laws to force landlords to “cancel rent.”

What is your take on this?

Doug Casey: Property rights are basic to human rights. In fact, it doesn’t make any sense to talk about human rights unless you talk about property rights.

Your primary form of property is your own body. But things outside of your body are equally as important. You can’t survive without possessions, things that belong to you alone, and that you are responsible for. “Rent strikers”—who are philosophically aligned with socialists, communists, Antifa, Black Lives Matter, and similar groups— don’t see it that way, however. They believe their problems are your problems. They’re completely irresponsible.

They seem to think that saying something, no matter how irrational, can make it so. And saying that you shouldn’t have to pay rent makes it possible to roll back the laws of economic reality.

Of course, the whole world has pretty much gone on tilt over the last six months. Not paying agreed-upon rents and mortgages is economically destructive. But that’s exactly the result these people want. It’s a step to completely overturning what’s left of capitalism. That’s bad enough. But saying you don’t have to meet your obligations is simply dishonorable. These people shouldn’t be taken seriously but treated with contempt.

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