Hard to think about another brutal wave of junk mortgages about to hit the fan, defaulting even before the monthly rates double.
I wonder if the Government is really thinking ahead on how to deal with the homeless masses?
One friend suggested starting to buy the empty retail space & create living spaces out of them- community kitchen, build walls to have individual spaces. It's not a bad idea-- there are a whole lot of large retail spaces that will sit vacant.
Tighten your seatbelts kids.... this is going to be a very bumpy ride.