July 16, 2023, was a dark day for the ancient city of Damascus. A fire raged through the historic Sarouja neighborhood, reducing a number of heritage homes to ashes. Two months later, in September 2023, a residential building in the Syrian capital’s Malki neighborhood partially collapsed as a result of unauthorized excavation for a basement. While these events might not seem connected, they underscore an overarching issue: the vulnerability of Damascus properties in the face of natural and man-made crises, exacerbated by corruption, greed, and failed and vicious state policies.