While what you’re saying is true, it’s also true that policies implemented during the pandemic were the kiss of death for many malls

I remember REITs like Simon Property Group, which owns many malls, suffering greatly. The pandemic and our reaction accelerated the process of converting malls into Amazon Processing warehouses.

That Macy’s closed before the pandemic, but many other ancor tenants did not. And now they’re closed, which makes it incredibly hard for small, satellite stores, like those in my pictures, to survive.

Last thing, health policies during the pandemic were economic policies too, whether we realize it or not.