I understand what you’re saying about schools, but it just isn’t reflected in reality. New homes are built throughout the state still. Property taxes are read

I understand what you’re saying about schools, but it just isn’t reflected in reality. New homes are built throughout the state still. Property taxes are readjusted on building renovations and sales so eventually these buildings will get reassessed. Another way schools are funded is through the state income taxes. It’s already the case that a majority of funding comes from the state. If anything a city would want to have old buildings torn down, converted or sold to developers because that would immediately increase current and future property tax revenue.