Forcing people to write a call option on their property without an offsetting risk premium only sounds like a good idea if you neither understand the implications nor the math. Asset values would collapse because risk would go to the moon.

And that ignores that it trivially enables large-scale exploitation and looting by construction.

>without an offsetting risk premium

Once again, this is simply haggling over price. Name the premium you think is justified and add that into the law.