patrick.net

Millions of homes have been bought the last few years with the intent of renting them out. The rental bubble is bursting. Soon, real estate prices will also crash as investor returns are no longer a certain. The banks may regret not foreclosing while the market had a deadcat bounce.

http://www.nytimes.com/2009/02/01/realestate/01cov.html?_r=1
"......it’s a good time to be a renter in New York City. Prices are falling, primarily in Manhattan, and concessions like a month of free rent are widespread........"

http://www.eagletribune.com/latestnews/x748660882/Rent-prices-dropping-in-Southern-N-H/print
"....Median gross rental costs in Rockingham County for a two-bedroom unit are below $1,200 for the first time in three years and at their lowest level in five years, according to a recent survey from the University of New Hampshire and the New Hampshire Housing Finance Authority.."

http://www.rentcafe.com/blog/cities/chicago-il/rent-in-chicago
"......Rents are coming down in popular neighborhoods such as the Gold Coast (-13%), River North (-7%), and Streeterville (-4%) as compared to the fourth quarter of 2011........"

#housing