It's sad. But it's also for the greater good. Capitalism automatically makes the most efficient use of land through the use of property taxes. It's also the only reason we have cities at all- all development necessarily displaced people living in lower density structures.

Cities change. It's inevitable. If you can't make use of the resources your city or town provides and someone else can then you are forced out. That's a good thing for society overall and it benefits you too.