It will eventually become just another element in economic selection.
The wealthy and the high income earners will start avoiding buildings, businesses, and organizations that won't or can't sufficiently upgrade to be considered safe. Their money will flow and support the healthy/safe alternatives.
Those that are left behind will be the dregs that the poor and desperate use and will gradually fall into disrepair until their owners go bankrupt or give up and sell to someone who has the means and drive to upgrade or demolish and rebuild.
The same thing happens to any old infrastructure where people can vote with their feet.