Hook

Their other posts in the index, biggest breakout first.
the multi family market is the worst it's been since 2008, so clearly people are gonna lose money and it's not just influencers are the easiest ones to attack, but mega funds are losing hundreds of millions literally just giving the properties back to the banks. Look at some of the office deals in Chicago. X feed occasionally it's like so and so bought this deal for 100 million and it sold for 17 million recently. Oh my god these deals are bad bro. No no, there's some that are like 80 90% loss. Yeah, oh my god. There are deals transacting at 15 cents on the dollar. 20 cents on the dollar. And they happen behind the scenes because here's why they don't want other buyers and people to know because they gotta keep propping the market up. So the banks don't want those deals to be public because guess what? They have loans on all these other properties that are technically underwater. And so the bank's best is to make sure this gets quiet so that those loans keep getting paid. Are you saying that's new comp? The Mark cause now all the other properties now are because the comparative property is. That's exactly that was the reason 2008 happened, especially here in Vegas. Vegas was the worst hit market and the problem was every bank foreclosed all at once and drove everyone's stuff down.