See another answer to the parent. Also, there are ways that large owners can claim vacancies as losses from a tax perspective. This isn't really tax policy, th

See another answer to the parent. Also, there are ways that large owners can claim vacancies as losses from a tax perspective. This isn't really tax policy, though- yes, there are tax rules around this, but it's not like the IRS woke up one day and was like- You know what's unfair? Large property owners feeling the pain from potential lessees not fully appreciating the value they're getting for the price. Merely setting a price is a legitimate business risk, and large owners deserve to be recognized for that risk and for their losses. That isn't what happened.