By Ryan McMaken
Freddie Mac’s delinquency report for multifamily properties shows delinquencies above the Great-Recession peak.
pull down to refresh
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?
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.