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Giuliano Giacaglia
@giu
Delinquency rates for multifamily is at a decade high.
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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
And this is usually 90+ delinquent so this is those that stopped paying around Thanksgiving or before.
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Henry Adams
@henryadams.eth
That timing also corresponds to the COVID mortgage forbearance programs drying up. But banks will tighten credit and restrict borrowing, so likely just main street suffering instead of wall street.
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