Not really. It actually IS different this time. 2008 was spurred by giving NINJA loans at 110% of appraisal to anyone with a pulse. Companies that borrowed CHEAP money to build office buildings full of cube farms thought they were being prudent. Who would have thought that WFH would be commonplace (and for many workers, a demand)? The 2 decades of cheap money are over. Rates aren't high right now... they're normal. They will still take some getting used to.