Lower demand for the product globally. If their asset has a higher vacancy rate, raising rent all the time can't solve the problem.

However, tax rates give perverse incentives. What you'll probably get is a lot of commercial slumlords as repairs are seen to increase the value, thus the tax.

> Lower demand for the product globall

oh shoot why didnt anyone think of this. genius.

It wasn't a recommendation to magically wave a wand to lower demand on a global scale. It was pointing out that the action would lower demand generally.