Architecture loved the 1950's rise of Ford's assembly line. And developers had rose side by side with automakers. And their latest demise is connected with them again.
Just like the American automakers, they were too shortsighted; and became used to have things their way. They started building cars that were design with the old standards, forgetting about the contemprary need for performance. And while at it, produced what they were sure people wanted, and made it look good, and affordably cheap, to at least hide what was not being done. This rendered a series of hyper-generic dumb objects... which translates into a devaluating asset.
And then when the people follow, it turns out not only were they paying with money they did not have, but they were betting on cost becoming value, which was never there.
The future, just like with the big three, does not lie in a bailout. The future lies in believing all the small guys, and in leading young and up to date designers whom are in it without prejudice, and for stuff that matters more than money.