Recognizing the signs of disruption in our urban habitat
This reminds me of a similar land use issue I've seen a hundred times over. In major cities, in the middle of some of the densest, most trafficked, most transit-oriented neighborhoods, you'll find vacant lots and storefronts that sit there for <i>years</i>. Places that could, presumably, bring in many thousands of dollars every month in rent instead bring in $0 month after month. And the prime real estate sits unused, despite the thousands of residents and tourists that walk buy every single day. I've seen it in many different cities and towns.<p>Maybe there is some real-estate-specific knowledge I lack that can explain this phenomenon?