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Worse Than 2008? - The Commercial Real Estate Crash

Valuetainment

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Introduction

In 2019, commercial real estate was already getting crushed because we were no longer going to malls. A $300 million property in San Francisco just five years ago is now expected to sell on an 80% discount from $300 million to $60 million. Goldman Sachs had a dinner with people that are investing millions of dollars into art as an alternative investment.

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