Will a Faltering Real Estate Sector Doom Cyclical Equities?

The financial crisis over a decade ago certainly put the big hurt on real estate as exorbitant valuations fed into inflated loan-to-value ratios that helped spur the mortgage crisis, particularly when it came to subprime lending. Fast forward to the coronavirus pandemic, a crisis of a different nature, and real estate is once again feeling the pain—in this case, the commercial real estate market.