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Wealthy Way cover image

Should I Buy Commercial Real Estate In 2024

Wealthy Way

NOTE

Lessons from the 2008 Real Estate Crash

The speaker shares their bearish outlook on the real estate market, drawing parallels between the current market and the situation in 2006 that led to the 2008 crash. Many operators in the multifamily space used adjustable rate debt to purchase properties, leading to challenges and loan modifications. Without an interest rate reduction, there may be significant fallout and carnage in the commercial real estate sector, with the office market already suffering from low occupancy rates.

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