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Elon Musk Warns Of More Pain As Commercial Real Estate Prices Pull Back To 2009 Levels

The housing market, which was the trigger point for the 2008 recession, is acting up yet again. The development is concerning given a majority of economists have begun discounting a moderate to severe recession. What Happened: Tesla CEO Elon Musk issued a premonitory warning over the weekend regarding more pain for the housing market.