What Happened to CRE in the early 90s? No buildings seem to be built then.
I've noticed there are very few commercial and multifamily buildings constructed in 1990-1995. A shit ton of late 80s and some late 90s, but nothing in between. What exactly happened in this period? It seems more prominent than the gap between 2010-2014.
https://en.wikipedia.org/wiki/Savings_and_loan_crisis
S&L crisis. Big crash = no liquidity = no development.
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