That will never happen. Landlords will never start defaulting at high enough rates to matter.
Renters can just get endlessly crushed down. From affording their own place, to having to split a place with a partner, or to having to split a place with roommates, to having to move in with your parents if you have the option to do so, to you and your parents having to move into a cheaper place or move into a place that split with another family, to having to move into your car, to having to move into a tent, etc…..
There are some people already living in all of these arrangements and worse in high rent cities. What happens in the high cost cities always eventually spreads to many of the cities in the US.
That will never happen. Landlords will never start defaulting at high enough rates to matter.
Renters can just get endlessly crushed down. From affording their own place, to having to split a place with a partner, or to having to split a place with roommates, to having to move in with your parents if you have the option to do so, to you and your parents having to move into a cheaper place or move into a place that split with another family, to having to move into your car, to having to move into a tent, etc…..
There are some people already living in all of these arrangements and worse in high rent cities. What happens in the high cost cities always eventually spreads to many of the cities in the US.
Endlessly crushed down. :doomjak:
The future is all the proles living in cars doing gig work on the knifes edge of precarity
And that’s already the present for plenty of people.
The apocalypse comes for us all at different times.