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The Security Analysis Podcast

CHAPTER

The Risks of Non-Bank Lenders

There's just a lot of headwinds that start with valuation and then get into macro things that can hurt that. 40 million people don't have student loans right now that gives them more capacity to rent bigger places. And generally when I've also seen a stat that shows occupants per household decline during COVID, I think that kind of comes back. You have a lot of 20-some things that often not to have a roommate. Right.

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