The way I see it is a piece of land should be used for production, business, farming, something that produces goods and services. Private land where someone buys up a whole bunch of land and holds the next generation hostage isn't exactly productive capacity it extracts value from people without adding to the economy.

It would be different if it was a willing buyer willing seller, but this isn't the case in most cities, you are forced to do it. Pushing people further away from ever owning anything, they will forever be taxed by the renter barons and government and left with a pittance to live on and save.

It's no secret homelessness was rising and is rising in developed nations well before 2020 as they push more people out on the street who cannot keep up with the extortion. I mean it's your property do what you want with it, doesn't mean I agree with it