November 25, 2006

HousingPanic Stupid Question of the Day


What's taking Time magazine so long to correct their housing peak cover?

And instead of a homedebtor hugging his house, what should the new cover art be?

28 comments:

Anonymous said...

Debtor should hug his Gold and his Oil Stocks.....the real smart ones own those two things because they are not dumber

Anonymous said...

Uh... Maybe a cover where the "owner" is hugging the sheriff, serving the foreclosure notice?

The new title could be "Homeless! America's Declaration of Mortgage Independence!"

AmazingRuss said...

I see a home'owner'...on hands and knees...with the grinning house schtupping him from behind, as a bank grins lasciviously, peering from the hedges.

Paul E. Math said...

The picture should be exactly the same except the house that the homeowner is hugging has a few sticks of dynamite strapped to it with some coiled wires leading to a digital display that reads 00:01. Perhaps the homeowners face registers just the faintest inkling of confusion/concern as he notices, too late, the explosive and the timer.

Robert Coté said...

Maybe the homedebtor taking it in the "backdoor?"

Anonymous said...

yes! perfect.

The Housing Bomb.


Add, in the background, a Communist Chinese functionary evicting an immigrant family whose job was lost to outsourcing.

FlyingMonkeyWarrior said...

they will NEVER talk about it mainstream. don't want to start a real panic. spin spin spin..........

buzz kill said...

How about a row of FBs laying in a frying pan and the Mr. Housing Bubble icon holding a spatula?

bubble_watcher said...

What's taking Time magazine so long to correct their housing peak cover?

Time magazine won't correct their cover until we have reached the bottom of the housing bear market. Remember the "Death of Equities" article in Business Week (dated August 13th, 1979)?

[Link]

And instead of a homedebtor hugging his house, what should the new cover art be?

My guess would be a picture showing a homedebtor hanging upside down and getting all his money shaken out of his pockets by the mortgage lender.

Salt Lake Mortgage Guy said...

We'll know housing has hit bottom when Time magazine does a cover on home depreciation...the same way we knew it hit the top with this cover.

Anonymous said...

Coose a Led Zepplin album cover preferably 1 or houses of the holy

keith said...

The next cover will be in the form of a question, like "is housing in trouble - soft landing or not?".

Then in 2008 or 2009 they'll do another one "Can house prices fall any farther?" It's that second one that'll call the bottom.

foobeca said...

After the 2nd cover there may be a dead cat bounce, but I think that it'll take 3 covers.

It'll say something to the effect of "the death of real estate investing."

panicearly said...

I@ll second paul e.math and robert cote.

how about a nice lovely young couple
with suicide vests that have bank logos on them, while decorating their christmas tree.

Mammoth said...

This same house, sitting on it’s lot, with the homedebtor’s arms and legs sticking out from underneath it.

Anonymous said...

Realtor stickin one in a buyer!

Anonymous said...

New cover art? How about the GF/owner lying prostrate in front of the bank foreclosure rep?

Jayman1957 said...

a Fish floating Belly up in the bowl!!

Anonymous said...

I would think picturing the leveraged schmuck taking the chimney up the sh*t chute would be a good caricature

you will find your servant is your master...ohhh ohhh, you'll be wrapped around my finger. (house singing to its "owner" compliments of an old Police song).

Smug

Anonymous said...

Oh behave!

SeattleMoose said...

As noted by a couple previous posts the guy should be shown crushed underneath the house with a gravestone in the foreground...

RIP
RE BUBBLE PONZI SCHEME
2001-2006

Anonymous said...

Lereah being roundly buggered by every home buyer of the last 2 yrs!

Anonymous said...

whats roundly buggerd?
Is that Spanish for a wippin?

Anonymous said...

Well the obvious one would be obscene – think of the dog in recent film CLICK …

honica jewinski said...

Hmmm, I'm thinking a pic of the homedebter bent over taking a star of david in the a$$ with a caption along the lines of "jewed out housing market.... Can ya take anymore?"

Benvolio Montague said...

The time magazine cover will say something like "Housing a horrible investment" right about when the market bottoms.

You'll know when to buy back in when these guys start reporting RE is a poor investment.

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Anonymous said...

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