Comment by grebc

You’re stating the outcome - the property is worth less - without understanding how people buy/sell said property. And asking why others don’t agree?

The article outlines the methods used for the most part to the best of my knowledge, as someone who owns and deals in this space.

I think you need to lay out a better argument for why your thesis is the case when what happens in the real world mirrors what the article discusses. Not to mention people forget property can be owned without a bank/loan, nor that vacancies are expected/factored in.