YIMBY Movement Insights
The YIMBY movement faces challenges in making significant progress, particularly outside of Austin, despite some momentum in cities like San Francisco. Multifamily loans have remained resilient, with low default rates, as debt funds take measures to protect their credit by internalizing distressed assets. The ongoing issues in the market highlight the reluctance to sacrifice credit levels for quicker resolutions, even as distress signals persist.In this clip
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