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JWestland
Precisely this. And we're going to see a lot of cafes/restaurants/sports clubs/pubs/music venues who have been fighting the good fight against developers for years going under, and they'll be swept away for flats.
Yes, there will be some new ones which are able to open, but there'll be a lot of businesses gone for good with people losing pretty much everything, as well as a lot of the country's cultural life. The idea that they'll dust off the surfaces and pop back out again in September as if nothing happened is fanciful at best.