Originally Posted by Hatterasguy

Someone has to provide rental housing and buy up all the distressed inventory from banks.

People like me provide a very important service to the market, we take distressed properties, reposition them, and bring them up to market value. I have taken a number of old houses which were a blight on a good neighborhood, tore them down, and rebuilt nice new houses. Everyone's property value is protected and new people move in.