February 09, 2007

HousingPANIC Really Politically Incorrect Stupid Question of the Day



How many men in America bought homes (condos especially) in the past few years quite frankly to score with the honeys?

What percentage of 'em believed those great homebuilder marketing photos (more wine anyone)?

How many women hooked up with new-luxury-condo-owner-guy thinking he was the big cheese for buying that new two bedroom $800,000 condo (not knowing that any joe blow could score a no-down, interest-only, no-doc, teaser-rate, liars-loan mortgage) and driving that new Porsche Cayenne (thank you no-down auto lease or cash-back at closing scam!)


And finally, what happens when the guy now files for bankruptcy, loses his new condo to foreclosure, and has to give back the keys to the Porsche?

Ahhh.. the American Dream... And the confusion of America, where debt is now seen as success, and saving money is uncool.




36 comments:

Anonymous said...

What kind of moron would go to all that trouble for a slice of poon? Hire an escort already. Hell of a lot cheaper in comparison and you would definitely get more bang for your buck with a professional. Anyone who would buy a home or condo to get a chicks attention is a complete loser. (or "looser" for about half of you people)

JAFO

Anonymous said...

Yeah, well if that ever worked, there's probably going to be a lot more couples filming themselves and putting it on the net in an effort to raise the mortgage dough.

Frank R said...

Wow, you've just described Scottsdale, Arizona to a tee. While all those "$30,000 millionaires" were out trying to impress the honeys with their b.s. I was quietly becoming successful for real ... I love it!!!

Anonymous said...

Lots of foreclosed homes will be back on the market soon, and so will a lot of Scottsdale girls

David said...

"How many men in America bought homes (condos especially) in the past few years quite frankly to score with the honeys?"

1.4 million men

Anonymous said...

No more nuckie for him...

Anonymous said...

I split up with my b@tch because she wanted me to commit financial suicide.I am watching her condo go down in value monthly on zillow. I'm laughing my @ss off and hope she finds a sugar daddy to save her.

Anonymous said...

There was the comic -- don't remember the name (was it Chris Rock?) -- who had this schtick in which he would argue that men had only one motivation (and I am afraid I have to be crass about it): "pussy"

The drive to make money, fame, success, outdo other guys, etc etc etc was all simply for that one item. Of course he is absolutely correct from a biological/evolutionary standpoint that ultimately this (breeding) is the ultimate animal reason for being.

Peacock and his feathers, man and his show of provider prowess.

Not everyone but the vast majoriy

Anonymous said...

But, but Scott, I thought you were rich! How can we be filing for bankruptcy if you're rich?

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

I don't know if anyone has commented on this but I have a hard time containing my laughter when I see the labels or tags Keith chooses for his posts.

Anonymous said...

Repost, drop if you wish, (but I can't resist):

"The house we moved in, the house we grooved in,
The way we waltzed across those marble floors -
You sure did look deluxe in your
White tie and tux
Up in that house that is no longer yours.
Don Juan, your money's gone
And when your money's gone,
Don, your baby's gone..."
- Leiber and Stoler

Anonymous said...

Scottsdale scum....

Anonymous said...

Right on, Keith. Can't tell you how many women will diss a prudent renter. Of course I don't tell them about the millions in the bank, and they never would guess from my Honda.

Of course, hooking up with a guy and have him buy you a house (always trade up so you can get on the deed as co-owner) is the ultimate version of Other People's Money.

Anonymous said...

Although, I can see that there are obviously a lot of men who try to impress women with expensive toys and condos, it seems to me that my strategy of going to the gym every once in a while and saving money is effective enough and a lot cheaper. I wonder how one would have to con oneself into believing that most hotties need to see an $800K condo in order to be interested. Sure, there are some---but there isn't exactly a hottie shortage in the world. You don't have to earn in the top 1% to get one.

Unknown said...

Last year, wifey was bugging me to no end to buy in Sacramento---using all the tired cliches--"we'll never get into the market, they're not making more land, all my friends have houses" ad nauseum.

Anyway, I sacked up and told her we'd wait, and I gingerly explained the whole bubble cocept.

Jeez am I glad we did. Sacramento's dropping like a mobster corpse in the Hudson. We'd have lost at LEAST 30K by nowhad we bought last year.

Thanks Keith---I like a lot of housing blogs, but your has the most heart, soul, if you would---chutzpah. And I certainly don't mind the political-social posts, I think they're all related to this housing disaster somehow---

Any girl who comes when the money's quick will leave when the money's gone. End of story. The trick is to meet them when you're down and out, then you know they're in it for the long haul.

Anonymous said...

All of them!

Anonymous said...

I met my honey in scottsdale. we now rent together. we looked to buy a house, (never a shit condo), but after being outbid 60k by some Cali flipper on a 200k home, we decided that it was madness.

We took out an 18mo lease in summer 05, and it just expired. we are still renting, but since we only put $500/mo each into the pot for living costs, including utilities, it is a good deal.

I will admit, I got lucky with a natural breasted, down to earth girl in Scottsdale. There are a few out there, maybe 10-20%.

But most gals here are golding whores. Plasticized, supersized, fakus tittyus species bitches.

This place is in for a ride. All condo conversions are at a standstill... NO SALES. TollBros had a project up at McDowell Mtn Ranch on the DC Ranch border, and they can't sell shit. I wonder why? Funny how homes that were 350k pre bubble, are now asking 950k.

Nothing has changed. In fact, everything has gotten worse. The quality of life in Phx is in a state of FREEEEEEEEEEEFALLLLLL.

I love Arizona, but really hate Phx. No class, no character. People look at your strange when you say you want a mom and pop shop to go buy a sandwich at, but can't find or think of one in existence.

I met a bimbo once that never heard of a bakery. I had to tell her that bakeries are place like back in NYC, where ethnic europeans, like Italians, or Germans, or French run and make the best delicacies on earth they they have for decades.

She looked at me pecking her head like a chicken and said, well...why don't you just go to Paradise Bakery???

ANOTHER FUKING FRANCHISE/Chain.

I don't know how much more i can take of this place.

back to breathing smog...ttyl

Anonymous said...

I have a pal... he is doing his 04, 05 and 06 taxes right now (yeah he got behind) and he told me that according to his tax software, he spent about $40,000 trying to get laid/dating. He banged 10 girls in that time. So he paid about $4000 per lay.

He could have hired a real pornstar or two for some quality service.

Hey, atleast he did not buy a condo... he is renting a condo off of some flipper. he is paying 1400/mo for a condo the flipper paid 450k.

Anonymous said...

I don't think many guys do it just for the ass, for most of them it's more of a prestige kinda thing. Most of these indoctrinated morons bought into the materialistic mentality that the jews now push in America lock, stock and barrel. Their are no savers anymore, only varying degrees of the indebted, they want so much to appear successfull that they are willing to ruin themselves financially to pull it off.

shineyspikeything said...

My boyfriend is hot.
He lives in a studio apartment behind his friend's house, for ridiculously low rent. He socks away a very good chunk of change, and yet we still have enough money to throw away on all the beer I keep drinking.

Our rent controlled apartments are making us very financially solvent, ready to jump when the fundamentals line up to buy a place-- and that's sexy.

Anonymous said...

Nice condo, wanna f@#$?

Anonymous said...

"Fooled by Randomness" has a hilarious discussion on how evolution (i.e. poon, as JAFO puts it) is fooled by losers who are convinced that their fleeting "success" is permanent.

Anonymous said...

I know a guy who bought a new house for $850k on a stated income, 3-year teaser (4%), payment option ARM. He had his girlfriend at the time (yep...past tense) pick out all of the appliances and fixtures. The place looks outstanding. When I asked if he was going to marry the girl he said, "It doesnt matter. I put nothing down and Im going to make a million bucks on this thing. In the meantime, it's going to be a pussy magnet."

Now:

The same plan is listing and not selling for $899k.

His total mortgage obligation (with HELOC, etc.) is just over $1M.

His rate is going to reset this year.

He has been unemployed for one year and living off the home ATM.

He still tells every girl he meets about his "million dollar home" and how his success has been richly rewarded. His leased 5-series is another piece of evidence of his "success."

The real bummer:
He hasn't had a date since he bought the house.

His plan: " Probably gonna refi when the Fed slashes rates later this year."

It really doesn't matter what happens to some people.... they just refuse to learn a damn thing.

Anonymous said...

What is it with the wine? It's ALWAYS part of RE advertising. When you buy a condo, it appears that 98% of your waking time is spent drinking wine on the balcony with some babe. Or, secondarily, drinking wine with an appropriately multi-culti group (maybe this is only in the Bay Area)

Anonymous said...

In Florida, the ads pictured sexy young models, barely dressed, in tiny bikinis, or holding a flute of Cristal. Accordingly, the sleazy-baby boomer-wannabes came out of the woods of the Northeast, thinking that they were going to score models like that by buying a 1 bedroom condo for $400k. Pay up, suckers!

Anonymous said...

Whoa, guys! Let's keep that sexism under control, shall we? Not all women are gold-diggers. In fact, see the NY Times article below entitled "Women Unafraid of Condo Commitment" for another perspective. It appears that at least in NYC, LOTS of women have given up finding a Sugar Daddy and have purchased a condo for themselves. The sad thing is that since most women make less per year than men, they are more likely to have used exotic mortgages. Accordingly, it's women who are more likely to go bankrupt than men when their ARMs reset....

http://tinyurl.com/2rzhjl

Anonymous said...

Honica,

You are a real drag, did any ever tell you that? And out of touch with reality. For the umpteenth time: put a sock in it with the antisemitism. Your odious comments are chasing people away from an otherwise great blog.
You don't deserve to hear this, but:
We're *all* in the same boat.

Anonymous said...

Man, I'm glad I'm gay.

Anonymous said...

If the chick will let you do her in the *ss, then she's a keeper.

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

The Greeks have saying which goes something like this :

"If you ever see a ship up on a mountain, know that it is there because of a woman"

or another version of it (and I will have to be crass)

"A piece p%^$sy can pull a ship off it's route".

Or as Aristotle Onassis once said "Everything is done for women".

Anonymous said...

The difference being whores usually get paid first.

Anonymous said...

Given that the adds show alot of wine drinking..it proves you had to be drunk to be buying into that lifestyle!

Anonymous said...

Since I bought my McMansion and Porsche, I've been bagging all the chicks. I have a different one each night. I couldn't get any pootang when I was living in a ratty apartment.

Frank R said...

"Right on, Keith. Can't tell you how many women will diss a prudent renter. Of course I don't tell them about the millions in the bank, and they never would guess from my Honda."

Nice man, nice. My girlfriend of 2+ years had no idea I was a #1 bestselling author for the first 4 months. That's how I keep the golddiggers away :-)

"I will admit, I got lucky with a natural breasted, down to earth girl in Scottsdale. There are a few out there, maybe 10-20%. But most gals here are golding whores. Plasticized, supersized, fakus tittyus species bitches."

Same here, lucky for me I met my girl one month after she moved here from NY. Totally normal. And now we're moving to CA together. What really cracks me up is that Scottsdale is full of golddiggers, but there's NO money in Scottsdale! Just debt! I actually know two different girls who I was friends with who were golddiggers - one moved to Chicago and the other moved to NYC after they'd both spent about 5 years in Scottsdale and finally figured out that no men here have any money.

Besides, money doesn't matter with REAL women, in fact it's quite easy to blow out a typical insecure guy who is trying to use his car and house to get girls as long as you are a confident real man and don't need to use status symbols to get laid. And we all know that golddiggers cheat on the side with 25-year old bartenders anyway.

http://www.scottsdale-sucks.com