[Agenttin]

I've often thought this about those dark strip malls and grocery stores. They need to be incentivized to either lower the prices so low that someone will move in, or to demolish the building. Just marking it off as a loss every year while it slowly decays destroys the property values nearby.

[nostromo]

That’s a zoning / central planning failure.

We have too much retail space in America and too little housing, but zoning has often made it impossible to repurpose the land.