U.S. markets nosedived as oil price wars and concerns about the coronavirus outbreak sent shock waves through the global economy, sparking concern about an economic downturn that could deflate consumer confidence, curb business spending and dent revenue for commercial real estate companies.
Oil Price Wars, Coronavirus Threaten to Rattle US Commercial Real Estate
Houston Could Be Hardest Hit as Energy Stocks Drop
By Marissa Luck
CoStar News
March 9, 2020 | 11:30 P.M.
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