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Senior Advisor

a little thing

but maybe not so little-

housing markets have been sharply boosted anywhere that is even remotely a "destination" by speculators buying  places with cheap money and cash flowing them through AirBnB, banking on appreciation. 

I wonder how many of those folks are well enough capitalized to last 6 months with no revenue?

And I wonder how Mnuchin, Ross, Schwarzman et al's repo empires will fare? I imagine that as far as the lenders that back them, they're too big to fail as opposed to the homeowners they displaced.