Since the pandemic, folks simply do not want to commute. Commuting is expensive, a waste of time, and generally sucks big time. A total life draining drag. Now, those who have for more than a century, feasted on dense human concentration now find the humans no longer want to be densely concentrated. Technology has disrupted that scenario. Owners of these concentration facilities have not yet figured that out. Look out below for office property values (and the holders of those loans).
@DirectSophieLibertarian3mos3MO
I'm sure owners of hitching posts felt their improvement to the land was valuable, look at all those places to tie up horses!! Unfortunately, the world had moved on, and all the improvement costs they spent, if anything, reduced the value of the property for it's new highest/best use, as a parking lot for automobiles.