even for the most hardcore capitalist these practices are short sighted and will result in bad financial outcomes long term.
While both sides of your comment are true, they don't follow. Yes, they're short-sighted, yes they'll result in bad financial outcomes long term, but the most hard-core capitalists still do them, because the bad outcomes will come long after they've moved to a new area they can exploit.
Maybe the people pursuing these kinds of practices have quick exits in mind.
I think that's an excessively optimistic assumption about hardcore capitalists.