See my other message. The owners don't want to destroy the structures at all. They've been holding onto the properties because appreciation was outpacing taxa

See my other message. The owners don't want to destroy the structures at all. They've been holding onto the properties because appreciation was outpacing taxation, allowing a predictable path to remodeling and re-habitation. Until that changed. Primarily from greedier investors not having enough low-hanging fruit to pick from so they're shaking the trees for all they have until they can give no more. It's new buyers instead that want to swoop in if the landscape can be further tilted in their favor. Just a little bit is all it takes to yield a big return for a privileged few. Other costs have risen too but the taxes are so high that's what triggers the final destruction. Property tax has that extra-financial "property" that keeps your home positioned like dominos ready to fall. Like other skyrocketing costs don't do, even though the pressure from them is huge too. This is by design. LVT wont help you now. It's too late.