I'm confused - what are local businesses entitled to?
If I open a coffee shop in an up and coming neighborhood, the neighborhood was ascending before my shop opened, I opportunistically hope to ride that wave and enrich myself.
As the property values increase, arguably the property value of my coffee shop increases - but if I rent a store front, why do I 'deserve' subsidies? Why does the land lord deserve subsidies? Why do my neighbors owe me money to keep my doors open?
If you want to profit from increasing property values, you have to OWN property, not rent it.