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grebctoday at 5:01 AM1 replyview on HN

The error is you think you as a non-interested party you can tell people what to do.

No one’s outlined a scenario where the bank or the owner are violating some law/regulation.


Replies

BrenBarntoday at 5:50 AM

Well, sort of. One scenario is to say "it is illegal to let your property be vacant (for more than X months etc. etc.)". Then suddenly all these owners are violating laws. Another is to say "it is illegal to hold more than $100 million of wealth". Then a bunch of rich people are in violation. Laws are what we make them. The point here is that the current laws are inadequate to produce the society people want to live in. You may be right that no laws are being violated currently in many cases, but that doesn't mean things are fine; it just means we need better laws.

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