Free the Earth Day

I need some feedback on an idea, my friends.  I have a potential solution to some of the many problems which face us as a global community.  I wouldn't even consider this a possibility if I hadn't personally witnessed the global communication and coordination that made Occupy occur simultaneously in 1600 cities in 80 countries around the world.

My idea is that simultaneously all around the world many people, on the same day, stop paying rent and stop paying their mortgage.  That we all declare that from today onwards our home is ours and that we no longer have to pay to live on the planet that we were born on.

The primary benefits, as I see it, are that economic disparity would be drastically leveled, the global economy would be severely damaged and many people would not only have a significant financial burden lifted, but would be able to actively pursue an increasingly money-free life from the base of having a secure home.

What do people I think?  I am curious both about what you think the consequences would be, and how this could become a succinct meme to be successful on a global stage.  The best meme structure I have so far constructed - I'm sure we can do better - is Free the Earth Day.  "From this day on the earth is free and we don't have to pay to live here anymore."

Feedback, my friends!