The 'Urban Doom Loop' for Commercial Real Estate w/ Stijn Van Nieuwerburgh
Real Vision: Finance & Investing
00:00
The Economic Impact of Debt and Equity Drawdowns
Stan Smith: Have we seen anything that looks even remotely like this in the last several decades? He says commercial real estate distress tipped a lot of banks into bankruptcy. The government ended up having to set up a bad bank to basically collect all of these bad loans, he says. "I do worry that there is potential for spillover here," Smith says.
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