Duh? Betting against malls in 2018 sure seems a sure thing. The trends were obvious, much discussed. USA over built retail, something like 4x more sqft per cap

Duh? Betting against malls in 2018 sure seems a sure thing. The trends were obvious, much discussed. USA over built retail, something like 4x more sqft per capita than 2nd place UK. Retail revenue (per sqft) underperformed, was going down. The bodies have been piling up for the last decade. The success of the exceptions (Apple Store) further proved the point. Mega trends killing retail, and therefore malls, were (are) e-commerce and urbanization. One cliche that Scott Galloway likes to say is (paraphrasing) "A crisis like coronavirus accelerates change, compressing 10 years into 10 weeks." I'd be more interested in learning why asset bubbles take so long to pop. I'm also very interested to see how malls can be repurposed. The article's example of the low rent WeWork clone is very interesting. Many others have dreamed about community hubs, cheap rent for day cares, etc.