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Airbnbust & The State Of Housing With Amy Nixon And Melody Wright

Lead-Lag Live

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The Leverage on Multifamily Properties

There's so much speculation in multifamily that there's gotta be crazy leverage and crazy agreements like between Grey Star and Airbnb, I can imagine. And unlike residential housing, which there was a huge clampdown on the lending standards for that after the 08 crisis,Multifamily is more private and there's more exotic loan structures. There's a lot of adjustable rate financing. You're seeing some of these mega-firm owners who are heavily leveraged get clobbered by Fed hikes.

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