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"rental prices falling, neighbors/friends/family walking away from their homes, bankruptcies erupting, FDIC closing banks" While it's handy to blame the country for all the housing crises, it's more realistic to blame the greed and the stupidity of the consumers who handed their lives over to more greedy lenders expecting to have NO accountability for that greed, stupidity and gullibility. Sorry folks, but as long as I have fingers and toes even I can count well enough to know that if I make $3000 a month I can't afford a mortgage payment of $2000 no matter what a lender tells me. There's a ripple effect going on here...... of course the banks and mortgage companies will suffer. and they should, they created it. (of course thats simplistic but Henny Pennyiers drive me bonkers.)
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