Do renters win when middle-class homeowners lose?

[oiyoiyoi]

This is one of those topics I bring up at parties of 20-somethings and just kill the conversation instantly. Haha. I've often wondered what the relationship is between rent and the sub-prime mortgage meltdown. Day after day there are news articles about home prices plummeting but what about the effect for renters? They have never said, until now.

Comments

[anomalous_one]

Oh fuck renters. Besides, rising prices equal malcontent. Stagnant prices equal preservation of status quo.

[1stworldproblem]

Fuck renters? What do you suggest renters do?

[anomalous_one]

squat

or at least rent strike

[oiyoiyoi]

how'bout a mass revolutionary rent strike for the purpose of abolishing rent and the landlord class. I believe this was tried in Spain during the revolutionary period as an initiative of the CNT union.

[pawky_aubade]

mario get back at me. where are you? i'm in minneapolis.