JOHN PASALIS: Friedrich Hayek warned that private property is one of the most important safeguards of freedom—not just for those who own property, but for those who don’t.

Friedrich Hayek warned that private property is one of the most important safeguards of freedom—not just for those who own property, but for those who don’t.

Freedom depends on ownership being dispersed, not concentrated.

Today, the threat to that freedom doesn’t come from the… pic.twitter.com/4Ax5QNa2y8

— John Pasalis (@JohnPasalis) May 1, 2025

Friedrich Hayek warned that private property is one of the most important safeguards of freedom—not just for those who own property, but for those who don’t. Freedom depends on ownership being dispersed, not concentrated. Today, the threat to that freedom doesn’t come from the state. It comes from the growing concentration of housing in the hands of corporations, investors, and high-net-worth individuals. Across Canada and other advanced economies, fewer families own homes, while more and more properties are treated primarily as investment opportunities. Ownership is concentrating not through government intervention, but through market forces—and with it, the independence and stability that broad homeownership once provided is quietly disappearing. Freedom isn’t always taken. Sometimes, it slips away—one investment property at a time.

My new report The Great Sell Off drops tomorrow #TheGreatSellOff