Angry Renters

We recently set up AngryRenter.com, complete with a petition for renters and responsible homeowners to sign opposing a federal mortgage bailout. As I mentioned in the last post, opposition to a bailout is pretty high, as many view it (rightly, I think) as a taxpayer funded lottery payout for folks who gambled on property values. It’s obviously a sentiment shared by many: NPR has a great story (audio only) on renters who, predicting the bubble would burst, avoided buying homes — and now aren’t happy with plans to put their tax dollars toward bailing out those who didn’t.