I'm calling it.

williewilliejuan said:
Hard to say because they’re very different. It means rents are too high, but most people in SFRs are locked into very low rates.
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wow- so landlords would rather take an L than (even temporarily) reducing rents?! It seems like this would be have to be happening for awhile for it to lead to this…by that, I mean lots of late payments (i.e. months) before getting to a default scenario. Non-owner occupied rates are usually much higher or is it purely income/credit based?
 
moxie said:
wow- so landlords would rather take an L than (even temporarily) reducing rents?! It seems like this would be have to be happening for awhile for it to lead to this…by that, I mean lots of late payments (i.e. months) before getting to a default scenario. Non-owner occupied rates are usually much higher or is it purely income/credit based?
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Non-owner will be significantly higher than owner occupied
 
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