[FITZ]

These economies reflect the lack of legal protection for private property

In some areas there are record rates of foreclosures --- there is not a lot of legal protection for private property when people have no jobs. You can even lose your private property when job loss prevents you from paying property taxes --- the government will just take it away from you.

[Taliesan]

You can even lose your private property when job loss prevents you from paying property taxes --- the government will just take it away from you.

That is not a lack of legal protection for private property.