Crisis→ holds or mild softening; recovery expected to be faster than thin-recourse supply pockets
Recourse in stress → A deep re-lease cushions LGD; C deteriorates.
PLACEHOLDER, NOT founder-ratified, not a prediction. Derived from current DLD signals + the documented supply thesis, with no fabricated historical figures.
PropertyType matrix
Scoped classification
HONEST scope
Bedroom-level nuance lives in DLD signals on /locations (per-bedroom unitTypeBreakdown + price/volume), not in tier classification. PropertyInput has no bedroom field; we do not fabricate bedroom-tier variation.