The 'Urban Doom Loop' for Commercial Real Estate w/ Stijn Van Nieuwerburgh
Real Vision: Finance & Investing
00:00
The Risks of COVID in the Real Estate Market
Roland Martin: This is an unusual moment in history to be uncovering some of these risks that are in many ways a consequence of COVID and some other broader factors. It almost feels as though it's a potential perfect storm type situation here, he says. The 10 year has gone up 250 basis points, which is a massive shock; we have to go back to the 80s to find a 250 basis point increase in long-term treasuries. People in fixed income call this convex linear? If you started from very low rates and rates went up, the decline in value is massive," Martin says.
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