How much the land is worth is only one of the parameters.
Notoriously, the maintenance cost for suburbs and their infrastructure is significantly lower than the tax they bring. Shouldn't that be a major point un tax decisions?
There two main mobile OS in the space, one moron-proof but limited, the other a bit more permissive, but slightly less secure for it.
The problem is that most apps target only those two, and the second is trying to moron-proof, loosing most of it value to part of its users, while the apps are still locked in.
For exemple, pedestrian killed by motorist are too often not counted as a motorist issue, but a pedestrian at the wrong place issue.