Explain how the real estate depression and capital crunch


Question: Explain how the real estate depression and capital crunch of the early 1990s was the spark for the growth in public market involvement in, and the securitization of, commercial real estate, on both the debt and equity sides. What role did the federal government play in stimulating the growth of public real estate markets, again on both the debt and equity sides?

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Management Theories: Explain how the real estate depression and capital crunch
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