http://www.survivalblog.com/2007/10/odds_n_sods_569.html Mass auction reveals depth of foreclosure crisis Even the renters now feel the mortgage crisis Subprime crisis won't peak until 2009 The dollar era is over: a long, slow collapse and a central bank firesale Meltdown still has plenty of steam ahead Global finance leaders gather as economic clouds darken and Sniffles That Precede a Recession.
So how long until the banks realize they're screwing themselves and keep the renters while they sell?
my thoughts were that the fleeing-with-hands-in-the-air homeowners would be flocking to rental homes. BUT>>>>> What about those 'homeowners' This is getting thicker.