If warehouse and retail space is dirt cheap, then the landlords go out of business and/or default on the debt they incurred to build it.
This disaster is just getting started.
A deflationary spiral is extremely dangerous. The Great Depression was exactly that.
This disaster is just getting started.
Yep. Retail was already under pressure from Amazon, etc. Home prices are at all time highs. When the economic fall out from the Wu Flu Panic hits it’s going to be ugly.