I'd love it if these developments would grant equity to its tenants. But then they'd just squat on the land, making it useless. Is this really the best of all

I'd love it if these developments would grant equity to its tenants. But then they'd just squat on the land, making it useless. Is this really the best of all possible worlds, where a small number of investment groups with vast wealth can keep accumulating the core real estate of cities, to extract wealth from its citizens?