Depends on what you mean by "government intervention".
The phrase is usually used to stop people fixing problems like this, which are the kind of collective action problem that only government action can solve.
The government intervention you mention is actually just the voters with property using their vote to protect their wealth. And that worked exactly as intended.
The phrase is usually used to stop people fixing problems like this, which are the kind of collective action problem that only government action can solve.
The government intervention you mention is actually just the voters with property using their vote to protect their wealth. And that worked exactly as intended.