In many western countries we didn't actually shut the economy down - we left large portions of it still running and exposed all those people to covid without appropriate care (naturally many of them caught it), so at best we turned a large initial spike into a long, ongoing misery of deaths that continues until this day. Part of that is because politicians and business leaders were unwilling to stomach the difficulty of doing a proper shutdown. The outcome we got instead has all of the downsides you describe but I don't think it's correct to describe it as "shutting the economy down", at best it was a half-measure that perhaps was worse than either of the two real options.
If large countries like the US had done a proper shutdown, the Delta variant might not be spreading around right now claiming huge numbers of lives. For example, if you want to avoid having covid cripple your economy, one useful measure would be to ensure your front-line workers (food service, caregivers, etc) have protected leave so they can recuperate at home if they get covid or go get vaccinated, then return to work full-time. Instead the US tells everyone to suck it up and come to work while they're miserable and infectious. Is it any surprise our death count is enormous and the economy is in tatters?
Rental prices were already a nightmare before the pandemic, if anything rental prices tanked for a while in some areas during it. I don't think the eviction suspension is connected to that - it had bad impacts but I don't know that you can convincingly argue that one of those impacts was price.
If large countries like the US had done a proper shutdown, the Delta variant might not be spreading around right now claiming huge numbers of lives. For example, if you want to avoid having covid cripple your economy, one useful measure would be to ensure your front-line workers (food service, caregivers, etc) have protected leave so they can recuperate at home if they get covid or go get vaccinated, then return to work full-time. Instead the US tells everyone to suck it up and come to work while they're miserable and infectious. Is it any surprise our death count is enormous and the economy is in tatters?
Rental prices were already a nightmare before the pandemic, if anything rental prices tanked for a while in some areas during it. I don't think the eviction suspension is connected to that - it had bad impacts but I don't know that you can convincingly argue that one of those impacts was price.