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There is significant distress in the real estate market because many people overpaid during the COVID era and are now unable to cash flow under higher interest rates.
“And all the big shots and all the people that thought they were so brilliant that overpaid during COVID in '20, '21, '22, '23, they're getting screwed up because they didn't know what they were doing.”
The Iced Coffee Hour · Aug 2026 · 1 episode · 283K views on this topicExtracted by a model; may misattribute who said what.