Bruce Watson of AOL asks “What Would the Rapture Do to Real Estate Prices?” In New York City, for example, a 49% drop would reduce the city’s population to 1910 levels. In the short run, this would cause property values to plummet in the city, but the effects would quickly spread beyond mortgages and rents. … This is assuming a post-Rapture world in which the political and economic systems would remain relatively stable — admittedly, a somewhat unrealistic expectation. …... Read more