That's in the long run though. The "destroyed value" was an evaluation based on future rental income. In a way the valuation puts a price tag on the assumed fut

That's in the long run though. The "destroyed value" was an evaluation based on future rental income. In a way the valuation puts a price tag on the assumed future return on purchasing the property. Someone else is now not paying that rent, but they didn't get a lump sum transfer of that valuation in cash.