Regional banks control nearly 1/3 of US commercial mortgages, but hidden risks in CRE are 4X higher than reported. 08 is going to look bullish in comparison.

Regional banks now hold almost one-third of all U.S. commercial mortgages and a majority of non-owner-occupied CRE, and “latent distress” is about 4X larger than what current delinquency rates imply.🧵 CRE: ~ $4.8 T Consumer debt: $5.58T (auto: $1.66T, Student …

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The cost to buy is surging far beyond renting. Income needed to buy a house now dwarfs median U.S. income, making the subprime bubble seem minor by comparison.

https://imgur.com/cost-to-buy-significantly-outpacing-cost-to-rent-now-posted-response-to-rental-price-increases-VMXMPkM Income needed to buy a house vs. median income in the US. Subprime bubble looks almost cute in this chart. Ht @nickgerli1 pic.twitter.com/zPfUf2uaDc — Michael A. Arouet (@MichaelAArouet) December 13, 2024 All one needs to know about successful investing …

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