Landlords 'deliberately running down estates'

According to the Guardian there are Landlords in Liverpool 'deliberately running down estates' in order to have them redeveloped in a very cynical money grabbing scheme.

1. Landlords deliberately allow housing estates to sink into disrepair.
2. landlords seek to redevelop the area, normally with very cheap, very high density housing.
3. Permission is givern due to run down nature of the area.
4. any tenants that own their homes are forced to sell at
   market rate, which is much lower than it should be due to the run down nature of the area. This gives the council a potential healthy profit in terms of property at bellow real market rate.
5. Rebuild smaller, higher dencity, properties that are then rented to a greater number of people than before. So more Profit.

A rather sneeky way of reversing the 'right to buy scheme' and making a considerable amount of money at the same time.

Update:

More on this story and the Fuckit that is behind it by Tim Worstall, yes my use of Fuckwit is a blatant piece of GoogleBombing, but Prescot is a very deserving case that I am happy to lend what PageRank I have to. This has also been covered by Boris Johnson in his Telegraph column and Boris's blog.