[Sephiroth]

It’s a very complex question. People might think landlords are leeches. But, particularly for large modern developments, landlords have to fund the construction. So they borrow the money and have to make repayments. Further up the chain, pension funds who have invested, receive dividends.

Dropping down the chain, tenants without customers means no oaying rent. Ultimately exposed pension funds can’t pay out.

One major mess that has yet to explode properly.