Well put; the new construction around me is condo/apartment complexes and self-storage units - all to transition Americans to our “new normal” low standard of living where home ownership and stable communities of taxpayers are things of the past. Our new businesses are tattoo parlors, hair salons, Hispanic fast food joints (for Hispanic clientele), a pawn shop, and pet grooming places (for American clientele - the last generation of Anglo-Americans in NJ).
Carlyle (probably the most politically connected private equity outfit in the US) is buying trailer parks. That’s great insight into the future of the USA.
http://www.zerohedge.com/news/2013-10-18/carlyle-group%E2%80%99s-latest-investment-trailer-parks