Store rents had already plunged, amid a surge in vacancies. Then in the spring, the market froze; when it thawed, rents dropped to 10-year lows.
Recent Items
Monday, October 13, 2025
Stunning Brick & Mortar Meltdown, Manhattan Style: The Collapse of Retail Rents Before & Now During the Pandemic
Topics: Banana republic, Free markets and their discontents, Market inefficiencies, Pandemic
Posted by Jerri-Lynn Scofield at 6:54 am | 18 Comments »
Near-Term Covid Analyses Point to Risk of Medical System Breakdown, Other Severe Dislocations
The Covid situation is continuing to develop not necessarily to America’s advantage.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Health care, Legal, Pandemic, Politics, Regulations and regulators, Social policy
Posted by Yves Smith at 4:00 am | 64 Comments »
Drought-Stricken Colorado River Basin Could See Additional 20% Drop in Water Flow by 2050
The Colorado River as an important example of intensifying water stress.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Social policy
Posted by Yves Smith at 3:24 am | 40 Comments »
Let Them Eat Cake: COVID and Food Donations
The pandemic has reduced food security and hunger is widening. Food donations are often vulnerable to a Marie Antoinette mindset.
Topics: Guest Post, Income disparity, India, Pandemic, Politics, Social policy, Social values, UK
Posted by Jerri-Lynn Scofield at 4:55 pm | 32 Comments »
2:00PM Water Cooler 1/13/2021
~ Today’s Water Cooler, now with new comments! ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 183 Comments »
Links 1/13/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 234 Comments »
Flint Water Crisis: Michigan AG Poised to Indict Ex-Gov Snyder, Other Officials, Later This Week, But on What Charges?
The Michigan AG reportedly will soon bring criminal charges against ex-governor Rick Snyder and others for actions in the Flint water crisis.
Topics: Banana republic, Environment, Guest Post, Income disparity, Legal, Politics, Regulations and regulators, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 6:50 am | 10 Comments »
Health Workers Unions See Surge in Interest Amid Covid
The COVID-19 pandemic has fuelled health care union organizing efforts, including a success at Mission Hospital in Asheville, North Caolina.
Topics: Banana republic, Health care, Income disparity, Politics, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 4:55 am | 3 Comments »
2:00PM Water Cooler 1/12/2021
~ Comments have returned ~ Capitol seizure rumination ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 277 Comments »
Trump Designates Cuba a State Sponsor of Terrorism; Biden Likely to Reverse (Quickly?)
Trump designates Cuba a state sponsos of terrorism. What actually changes? How extensive will Biden’s inevitable policy reassessment be?
Topics: Banana republic, Guest Post, Legal, Politics
Posted by Jerri-Lynn Scofield at 9:55 am | Comments Off on Trump Designates Cuba a State Sponsor of Terrorism; Biden Likely to Reverse (Quickly?)
Links 1/12/2021
Topics: Banking industry, Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:57 am | Comments Off on Links 1/12/2021
Peat Bogs: Restoring Them Could Slow Climate Change – and Revive a Forgotten World
Past destruction of Britain’s peat bogs released massive amounts of carbon; restoring them could allow them to sequester carbon once again.
Topics: Guest Post
Posted by Jerri-Lynn Scofield at 6:50 am | Comments Off on Peat Bogs: Restoring Them Could Slow Climate Change – and Revive a Forgotten World
Cash in the Time of Covid: Down But Not Out
Physical cash should still have an important — albeit diminished — role to play in the economy of the future.
Topics: Credit cards, Guest Post, Surveillance state, UK
Posted by Nick Corbishley at 6:31 am | Comments Off on Cash in the Time of Covid: Down But Not Out
Why New Covid “Super Strain” is a Game-Changer
Expert warns that without more robust abatement measures and testing, Covid could rage until mid-2022.
Topics: Doomsday scenarios, Dubious statistics, Guest Post, Health care, Pandemic, Social policy
Posted by Yves Smith at 12:23 am | Comments Off on Why New Covid “Super Strain” is a Game-Changer
2:00PM Water Cooler 1/11/2021
~ Among other things, the Capitol seizure ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | Comments Off on 2:00PM Water Cooler 1/11/2021