The last few months, I've started to really notice how shit the quality of most buildings and infrastructure is in the US. I know a lot of people in the construction industry and grew up in it, and it's really just amazing how everything is built to maximize short term appearance and minimize cost. EVERYTHING, even ostensibly "luxury" housing, is built this way. I used to live an apartment building that was only a few years old but when you looked at the details you could already see the thing was falling apart. I've seen roads get resurfaced only to see a bunch of cracks and pot holes show up the next winter.
So as America enters terminal decline, I fully expect the buildings and infrastructure around us is just gonna fall apart and look hideous. Especially the suburbs. I feel like most suburbs are held together with paper mache and veneer. And of course Americans will deny it's happening and pretend it's totally fine.
Sure enough and I've gathered that the parts of Glass Steagall that separated consumer banks from investment banks never got reinstated because of how the dems and gop bargained dodd Frank. So the key vulnerabilities that allowed the housing crash to take down the whole financial system, never got addressed. So like you said the situation never got fixed and imo the coronavirus is just a scapegoat (or more likely a catalyst) for the real recession.