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The pain is just starting for commercial real estate – and plunging prices could reignite the banking crisis and choke the US economy, Columbia professor says

The pain is just beginning for commercial real estate (CRE), and the fallout could hit the banking sector and wider US economy, a leading academic has warned. Stijn Van Nieuwerburgh, a real estate and finance professor at Columbia Business School, sounded the alarm on an “urban doom loop” for CRE in …

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