Do squatters have more protections than legal homeowners?

That's fine but in the meantime that doesn't make this ok.

I'm not sure why people seem to think that money is or should be a source of morality
well even in this instance you're focusing on the 'right' of property
that bc Ramsay 'bought' the space (more than likely got cherry loan to help 'revitalize' the area) then that's all the context and perspective we need to assess the situation
we know it's 'wrong' for Russia to invade Ukraine
we know it's 'wrong' for Israel to occupy Palestine
but our compass gets a bit wobbly when it's rich people doing the same thing to disadvantaged neighborhoods
i'm arguing it's more similar than not