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Beja-Beja said:
You know being poor in this situation will only get shittier for you the longer this thing goes. When things go shitty it goes shittiest for the poor.

 

Not necessarily ...

A side effect in the collapse of the housing market is that houses will hit a level of affordability that hasn't been seen in decades. For individuals who managed their finances well, have decent savings and a good credit rating they will be able to buy their dream home at a far lower price than they were able to a couple of years ago.