Here's the gist: the government taxed the shit out of the landlords and forced them to sell their land cheaply. Europeans generally see nothing wrong with this strategy, whereas most Americans will feel shivers down their spines. This difference comes from different attitudes around ownership. In places like China and Russia, owning a house means you get to keep the house unless enough people would benefit from you n…
> In the US, you get to keep your house no matter how much anyone - including the government - would prefer you didn't. Not true at all. Eminent Domain is a real thing. The controversies have generally been when there is a dispute over whether the taking is for a public benefit, e.g. condeming property to make way for a private business.
It's technically a thing but totally not a thing in the context of my comment and this topic in general. I doubt you'll make a case that China, Russia, or for that matter, even Austria have stronger private property rights than the US. Remember, the origination story of the US revolves around private land ownership attracting European migrants who were fed up with European feudalism. I am sure there are some carveouts here and there, but they are remarkably minimal to the point that it's sometimes worth making an observation without adding a bunch of footnotes.