It's not a matter of whether I like it. It's a question of why the bank, unless required to do so by some kind of absurd perverse regulatory incentive, would do something which is not only harming others but also increasing the default risk for the bank by reducing the income of a borrower who, if they can't make the payments, will cause the bank to have to write off millions of dollars by foreclosing on an underwater building.
You’re also assuming every vacancy has this pigeon holed financial setup. A LOT of commercial property is freehold.
I’m honestly at a bit of a loss that people feel they can tell others what to do with their property because it’s vacant. That’s not how society works, and it won’t change to that either.
if the society decides that they don't want properties to stay empty, then that's exactly how it works. and yes, it will change to that if people want it. german cities are already discussing options how to motivate owners to fill their properties through various incentives including legal ones.