That isn't why the government intercedes in stuff like this. It intercedes because if it says "Welp. Not My Problem." and these folks say "Fuck it. Not Mine Either." and just walk away from their properties, declare bankruptcy, whatever, and become basically refugees within their own country, you have worse problems.
My sister had a break-in at her home one year. She told me something like "Well, the benefits for Katrina survivors ran out last week. That's probably not coincidental."
If you have people who, through no fault of their own, cannot make their lives work and the entire rest of the world takes the attitude "Well, too bad, so fucking sad, chump. Not Our Problem." then people have a tendency to say "Welp. The system doesn't work for me, so why should I care about little details like you expecting me to respect your property rights? It's not like you care about my inability to eat through no damn fault of my own."
When stuff like that happens on a broad scale, it leads to serious problems. Entire industries/cities/regions can be negatively impacted if enough people walk away from their problems and just go elsewhere.
My sister had a break-in at her home one year. She told me something like "Well, the benefits for Katrina survivors ran out last week. That's probably not coincidental."
If you have people who, through no fault of their own, cannot make their lives work and the entire rest of the world takes the attitude "Well, too bad, so fucking sad, chump. Not Our Problem." then people have a tendency to say "Welp. The system doesn't work for me, so why should I care about little details like you expecting me to respect your property rights? It's not like you care about my inability to eat through no damn fault of my own."
When stuff like that happens on a broad scale, it leads to serious problems. Entire industries/cities/regions can be negatively impacted if enough people walk away from their problems and just go elsewhere.