Whatever it is, the equivalent chart for commercial loans or payments is even worse. I know someone who owns/runs a restaurant. He has high rent for the space, and has been able to not pay it during the pandemic, since restaurants were ordered closed, and at different points allowed to partially reopen. It's just a non-viable business when you run the numbers with the full rent payments. So if he is someday allowed to fully re-open but has all this back rent to pay, he will just have to shut it down and file it bankrupt. There are a ton of small businesses in that situation, or where they have loan payments. We might be in for a housing market crash, but I think its more likely we have a commercial loan crash or something like that.