Land, like power, belongs in the hands of the people. A bailed-out bank, certainly, ought not to have more right to a piece of property than a family that, thanks in no small part to the financial industry itself, finds itself unable to pay off a mortgage worth more than their home. It is ultimately communities, not financial corporations, that make a piece of real estate valuable in the first place – that make a place worth living in.
The political class would say they agree. And the banks, of course. But witnessing the injustice around them and the indifference of their anointed leaders, communities are starting to stand up and assert their rights to their common heritage, declaring that no one, least of all a bank fat off taxpayer money, has the right to tear up their neighbourhood. The system is stacked against them, but, then again, systems that fail to respond to the needs of the masses risk finding themselves replaced.