Well the darkly comical joke is that rents WILL RISE as foreclosures continue to kick homeowners into renting….
where the darkly comical part comes in as eventually rents come down as this Second Great Depression kicks those renters (and remaining homeowners) into the unemployment line, and wind-blown tumbleweeds roll across our deserted industrial manufacturing parks, and Americans families are seen destitute and living out of their broken down SUV’s.
And photographers appear from Life Magazine to capture it all on grainy B/W film, for sale as stock photography for the countless future articles titled, “The Great Depression of 2009”
Yup, when that happens then rents will come back down. Yeah, it is nice to have that to look forward to.
