Worse Than 2008? - The Commercial Real Estate Crash
Valuetainment
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What Goldman Sachs Thinks About Commercial Real Estate
A company called Masterworks allows you to buy into art by Andy Warhol, Pablo Picasso, whoever may be, Banksy. While they sell it, you make the return on that piece of art. Lenders with less than 250 billion dollars in assets account for 80% of commercial real estate lending. Goldman Sachs: Small banks with low share of FDIC covered deposits reduce new lending by 40%.
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