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By Ryan McMaken

Freddie Mac’s delinquency report for multifamily properties shows delinquencies above the Great-Recession peak.

Interesting. What could this mean? Everyone says there's a housing shortage and yet this suggests sluggish demand. Unless these delinquencies are in heavily rent controlled areas?

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That’s a possibility. There might also be strong geographic heterogeneity in housing demand and/or housing type.

After Covid, people seem less inclined to live in the biggest cities and more interested in having their own homes.

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