Real Estate Recessions
The 2008 financial crisis marked a significant departure from previous recessions, primarily because it did not begin with an oversupply in commercial real estate. Sam highlights that unlike past downturns, the declining interest rates during this period reduced lenders' urgency to sell distressed assets, leading to fewer opportunities for distressed buyers. This historical context provides valuable insights into the dynamics of real estate markets during economic downturns.In this clip
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Tim Ferriss Show
Sam Zell — Strategies for Investing, Dealmaking, and Grave Dancing | The Tim Ferriss Show
Related Questions
What caused the 2008 financial crisis as discussed in the episode Fundrise CEO Ben Miller l Deep Dive on Private Markets, Office Real Estate, Recessions and the clip Financial Institutions, Interest Rates?
What caused the 2008 financial crisis as discussed in the episode Fundrise CEO Ben Miller l Deep Dive on Private Markets, Office Real Estate, Recessions and the clip Financial Institutions, Interest Rates?