For capitalism to function properly, people need to have full freedom to own property. In fact, it is this freedom to own property that differentiates capitalist states from socialist states. You find that for people in socialist states, the freedom to own property is restricted in certain ways. For instance, in such socialist states, individuals can’t own land: all land belongs to the state. In fact, where socialism is practiced in the purest form, it is the state that is supposed to own all the factors of production. But then again, we know of states that claim to be ‘socialist’, yet they have granted their citizens a certain amount of freedom to own property. So there are variations, and it is very easy to find nominally ‘socialist’ states in which people’s freedom to own property actually seems to be better protected than in some nominally ‘capitalist’ states.
Whether in a capitalist or socialist state, an individual’s right to own property is never absolute. You tend to find that there are limitations put in place (formally or informally) on individual’s ability to own stuff. This is where, for instance, some states have laws dictating maximum land holdings: to avoid a situation where one individual/family comes to own the whole nation!
Notably, there are situations in which a person’s freedom to own property can be interfered with. If, for instance, you become too indebted, to the point of bankruptcy, a point may come where a liquidator has to be appointed to manage your properties. And it would get to a point where any money you get has to be directed to repaying your debts — and where even some of the property you own has to be sold to offset your debts… These are realities you need to know, when taking up more debt: like for instance, while entering the getmyoffer.capitalone.com reservation number to acquire yet another credit card. So all along, you have to remember that if you end up being unable to manage the debt, it could lead to a situation where your right to own property is interfered with at some point.