As I dismantle my workspace and pack up my life (and realize I own way more stuff than I'd like to admit), I'm noticing an uptick in “for sale” and “for rent” signs pop up around the neighborhood. Willing to bet this is just the beginning, and many of these places will remain vacant for many years to come, unless prices are brought down to a tenth of where they are now. This is something that will of course not happen given that very few of these places are owned outright; Most home-owners are in fact beholden to banks and the unreasonably high mortgage-payments they're entitled to.
The American crash is a-comin'.