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Reply #2: This particular problem will fix itself. [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
skids Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-19-06 10:06 PM
Response to Reply #1
2. This particular problem will fix itself.
Edited on Sat Aug-19-06 10:07 PM by skids
Rents will get downward pressure from "investment homes" rented out to recoup some costs, and on the renter's side a tendency for people to take on housemates more often (There's been a buyer's exhuberance in the rental market, too -- a lot of people living beyond their means in order to live alone, rather than share.)

Now as to the general ruination of our economy for all but the rentier class, most of the current set of politicians will not do squat now, and never will. They are cut from the same cloth as those that caused this problem, and they are either in denial of the consequences, or in fact looking forward to them (e.g. they like the idea of indentured servitude.)



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