PGIM Real Estate: Comparing Previous Downturns

PGIM Real Estate takes a look at the current economic environment and compares it with previous downturns

July 06, 2020

The highly uncertain nature of the current crisis — in which public health concerns and policy measures are intertwined with unprecedented economic and financial stresses — makes predicting its path a particularly difficult task. Despite obvious differences between the current situation and circumstances that influenced previous downturns, lessons can be drawn from history and certain observations can help make sense of events as they unfold.

 

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