Uncomplacent Corrigan: EWC could cost you your house – but not its mortgage bond

South Africa's Institute of Race Relations, the country's oldest think tank, will celebrate a century of existence in 2029. Based on classically liberal lines, speaking truth to power and challenging perceived wisdom comes with the territory – as does weathering populist storms initiated by political actors. But criticism has never deterred the IRR, so there should be little surprise to witness its spirited resistance to the ruling ANC government which despite the huge risks and ruinous Zimbabwean experience, remains determined to impose Expropriation of land Without Compensation. While politicians are soft-soaping the potential impact of EWC ambitions, the IRR warns that at its core this is an attack on property rights, which are the foundation of any successful democracy. In this podcast the IRR's Terence Corrigan warns against complacency, claiming that while farmers might be most at risk, confiscation of residential property cannot be discounted. – Alec Hogg

Terence Corrigan from the Institute for Race Relations joins us now. Terence your piece this morning on Expropriation Of Land Without Compensation (EWC) affecting or potentially affecting residential properties has got the business community all in a tizz. It's very well researched. You provide lots of evidence to it. It's a topic that you and I spoke about in London going back a couple of years ago. Before we talk about residential or the potential impact on people's home, what got you interested in the subject in the first place?

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