00:01
Hello, everyone.
00:03
So property rights are one of the foundational principles of this country, the right to have your own property, the right to own this, what you work for.
00:15
And more than just being a pillar of our country, it is one of the foremost pillars of economic development in this country.
00:25
Because think about it this way.
00:26
When owners or landlords are given strong property rights, right? so when they have strong property rights, that gives them confidence in their ability to invest because they think, well, i actually get to own what i produce.
00:52
I get to reap the benefits of my labor.
00:55
And it promotes investment.
01:00
In fact, in a lot of the states right now, there are some states where a lot of the landlords, landlords, feel that their property rights are not as absolute as they wish, because they feel that the government is encroaching more and more on their right to their properties and to their money.
01:21
And as a result, it actually decreases the investment spending that's happening, because it certainly doesn't make sense to invest in land or in really anything if it really is not under your control...