Devil's devil's advocate: The world is not static. No one can reasonably expect nothing to change over the course of half a century. The only constant is change

Devil's devil's advocate: The world is not static. No one can reasonably expect nothing to change over the course of half a century. The only constant is change itself, and you have to deal with changing situations. Maybe it made sense as farmland 50 years ago, but if it makes sense as apartment blocks now, by God put apartment blocks on it then. The collective value to all those new tenants massively outweighs the downside to the single existing landowner (who stands to make a huge payday anyway!).