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In this country, at least, calling copyright a property right creates some strange contradictions. In the U.S., property rights are nearly sacred, and can't be violated by the government except in very limited circumstances, and then only on a case-by-case basis for specific items. The idea of limited terms for intellectual property rights simply doesn't fit well into the overall view of property rights.
I'm tilting at windmills, I suppose, but I'm going to stop using the term "intellectual property." (I'm curious, by the way, about the origin of that term and how it came into common use.) For the moment, until I hear a better alternative, I think I'll call it "creative output" instead.