This episode is also available as a blog post: https://bit.ly/greatdispersal
The "3 R's" (restaurant, brick-and-mortar retail, and commercial real estate) industries have taken a tremendous hit: As of September 2020, 100,000 restaurants had closed since the start of corona.
Chain retail stores shuttered 520 store units in Manhattan alone. It is estimated that global office vacancies will not return to their pre-virus levels until 2025.
What will happen to cities?