Does your house stop being a house if the price goes down?

Does your car drive worse if no one will buy it?

I'm not saying it doesn't suck to overpay for something, but you can't expect too much pity when you lose money speculating.

yes, this entire discussion is about a policy which might be good for communities but not necessarily for real estate speculators who keep storefronts in those communities empty

Still doesn't matter to you unless you're trying to sell it.

Or you think the best way to deal with people getting scammed, is to make sure everyone gets scammed, to avoid being unfair to the initial victims of the scam. For example if Billy put $200 in a Ponzi scheme we should tax everyone else $200 to make it fair.