Agreed, but there is a real cost to be borne, I don't think we can evade that. However LVT would have provided a quick and relatively fair way to reduce ground

Agreed, but there is a real cost to be borne, I don't think we can evade that. However LVT would have provided a quick and relatively fair way to reduce ground rent by N% across the board. Ratcheting it back up if/when "business as usual" resumes would also be easy. My main point is that as the "underwriter" the state should also be the beneficiary, as society creates the location value, not the landlord.