zlacker

>>psim1+(OP)
One of the more worrying things to me is how this pandemic (and/or our response to it) will disproportionately affect small businesses and individuals. As Amazon hires 100k workers how many jobs are being lost by small businesses failing?

>>tlrobi+Eo
Amazon is now the only store open. This will clearly accelerate the death of retail, to the point that I'm not even sure it will survive.

We must have a rent holiday if those businesses and their workers are to survive.

>>taurat+tq
> We must have a rent holiday if those businesses and their workers are to survive.

We'll get a lot of rent forgiveness naturally. If a strip mall has some tenants who cannot make rent in this crisis, who are they going to get who can pay? The pragmatic approach is to keep your existing tenants, because their survival is your strip mall's survival.

>>Walter+mr
If you think the mall won't survive anyway, then this calculation changes though and instead you look to recoup as much as you can in the short term. Ordinarily this is a good thing because it forces unviable businesses to cease trading and the people and resources can be redeployed into something more productive (and in many countries at an individual level the people will receive help from the government to do this without ruining their lives).

The idea here is to minimise the long term damage caused by people being forced into liquidation as a route to recoup losses and increase protection for individuals who are also temporarily affected.