What is fair is maybe 25% of that cost.If the LL does not forego most of this confiscation of security deposit, consult a lawyer.  

Of course, if the taxes in a given jurisdiction almost amounts to profit confiscation, I'll go elsewhere but that's not the case.Hope this helps

Owner confiscated furnishings and deposit.

If we have learned anything during Covid, it's that our freedoms can be curtailed if we have all our assets at the whim of a single government.Of course, if you've done very well investing in the US and you expect to be able to continue doing so (even with much higher interest rate) and if you think the odds of losing everything in a lawsuit (frivolous or not) or by government confiscation is 0, I'm with you.I once read the statistic that said that the overall majority of American high net worth individuals own properties overseas, which didn't surprise me given what I just wrote.I love the way you ended your paragraph before last "That’s how I feel about investing out of the country.

The fact he's not selling it doesn't mean all they'll bring in is what they'll confiscate for free, it means there needs to be legislation on how to acquire it outside of US taxpayer money(via spending cuts and budget re-allocation).

If I had a tenant applicant who during the tenant interview shouted “down with capitalism” and volunteered that he was working to confiscate private property I wouldn’t rent to him.  

A Roth locks that money into a position where it can easily be devalued, taxed, confiscated.

You are treading on thin ice if you follow other advice of confiscating the property/apartment yourself. 

This means that it is impossible to confiscate, shut down or ban.

I think this is the first step so they can know who has the lead pipes before they pass a local ordinance to require the replacement at the property owner's expense.It's a "first registration, then confiscation", of sorts.