Are rents likely to go down or up as the economy getts worse?

•In today’s economy, affordable housing is in HIGH demand.

Empty nester with a lot of equity in their home aren't nearly as impacted in a down economy.

Everyone in this economy is trying to turn a quick dollar.

This economy is going to make us all RICH!

This is a fun one to watch. And the irony is, he's 100% right.

http://townhall.com/video/FoxNews/2176_081025-105340_102408_cav_nuggent_B1200

Originally posted by K Smith:Jon, Looks like she and her husband took out a loan for whatever reason and he died and she found herself in a economy where the value of her home was sharply decreasing in value.

Downsides seem to be that 200k doesn't buy a lot of apartment building in most parts of the country, and my sense is that more units would be more beneficial due to economies of scale, especially when out-of-state management is considered.

He does, but McCain does it better according to this chart.Find the full article here: http://money.cnn.com/2008/10/29/news/economy/candidates_tax_plans/index.htm?

And for the last 2 years, we have stagnated the economy, allow oil companies to get record profits, while unemployment rose.We need people in Congress to work together, so that is going to be key for the next President to deal with.I would caution that a more "cooperative" government where the government is controlling everything is not necessarily what this country was founded upon.