By Andy Snyder In 2008, a housing crisis brought down the economy.
In 2020, it could bring down capitalism.
The idea is simple. As we write, 1 out of 3 renters is behind on their payments.
Two clear signals show this is a disaster in the making.
We’ll start with the financial fallout. It’s quite clear.
If folks don’t pay their rent, they lose the roof over their head. The effects of an eviction can span generations.
Of course, if renters don’t pay, landlords are in trouble too. Many landlords – even the big ones so many folks love to hate – collect the rent check with one hand …read more
