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Bank Failures & Commercial Real Estate Losses | Sunday Extra
Morning Wire
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Mark A. Calabria is the former director of the Federal Housing Finance Agency and a senior advisor at the Cato Institute. He explains why some people like Charlie Munger are concerned about the commercial real estate market. Some of this is pandemic related, he says; others just happens to be late cycle. "There's a lot of reason to be concerned about commercial real estate right now"
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