Comment by bijowo1676

2 days ago

if there are apartments on the margin of profitability, the cash outlay of LVT will have impact in either landlords quitting the market or deferring/stopping maintenance and such

Nope. If it was most profitable to quit the market or stop maintenance before LVT, it would be most profitable after.

A conversation with an LLM where you paste this exchange into the context is likely to clear up the reasons for your misconception.