> The tough thing is, the developers in that area are happy to let all the buildings rot and fall over, That's not how developers work. Developers make money

> The tough thing is, the developers in that area are happy to let all the buildings rot and fall over, That's not how developers work. Developers make money by, wait for it, developing. Developers don't "buy and wait for rot". They don't buy until they're ready to develop or the cost+carrying is almost free, which is after someone else has let the rot happen. Developers lose money holding. They buy as late as possible because undeveloped land/buildings are another word for "cash going out the door" and the cost of said assets is money that could have been spent on buying something to develop NOW.