Rethinking our property system need not be draconian. The economic solutions to a steady state economy have been on the shelf for years. The ideology of growth will need a humiliating defeat, and then folks will be ready to accept alternatives.
I've started a meetup group for the purpose of discussing how a grassroots effort could shift some of the resources of the growth-economy to a steady-state economy while the former is still in place, but interest has been miniscule in my midsized college town.