The subprime mortgage crisis just the beginning?

True, it's going to ultimately yield a housing boom, but that will have to wait for many other economic factors swing around into a favorable position once more. That could take years considering the uphill battle against petroleum prices and the ensuing stagflation in consumable goods.

One of my concerns is that the mortgage crisis will have a divergent effect upon the average cost of rented apartments. If the banks won't give you a home mortgage, where do you go? Many folks may find themselves pinned against the wall, fending off opportunistic landlords who know they can squeeze an extra $100 per month from each lease because tenants have no better options.

Jam it back in, in the dark.