[arwineap]

In today's world, the value of the lot increased significantly when the house was built.

The owner certainly could have sold that property with the house on it, and bought a much nicer empty lot.

That is not however what the existing owner wanted to build on the property, and as a result the building is damage to the property

And why should the landowner here bargain with the developer? The developer did not perform basic due diligence on easily a 200k+ investment

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That being said, georgism plays right into this issue without the developers negligence. With LVT any land with improvements that is not determined to be it's highest and best use will be bulldozed and replaced, which is also a shame.