From Washington DC - the Bubble Bench. Desperate condo owner lock boxes sprouting like mushrooms.
Actually, looks like my old digs in Tempe - by the entrance gate. San Diego probably has a few of these too. And Miami. Send any pics to housingpanic@yahoo.com and I'll be sure to post.
Game. Set. Match. This is going to get so ugly, and so fast, that even I didn't anticipate what reality will look like. Now we know.
Hat tip to HPer Anonyruss and Bubblemeter
12 comments:
That was originally on the Bubble Meter Site
thanks - got it sourced
It's not funny...my "conservative" bro-in-law just got his 20yo daughter into a condo in MD just outside of DC. He is the macho guy who gets all his info from conservative talk radio and doesn't take no shiite from "liberals". And he has been really pushy with his kids about buying a house- "a sure bet".
She's not yet out of college and her boyfriend's job is delivering newspapers. And they now own a $200,000 small condo bought right at the top of the housing boom. She will start life out with a debt of $50,000+ and unable to get out of the condo.
The greatest tragedy is that this bench could have provided refuge to at least one bubble victim;)
This has to be the best bubble picture I've seen so far. We've seen many lockboxes before, but this has to beat it.
Per complex:
I wish I knew how many condo units exist total and the count of the lockboxes. And are there any for sale that don't have a lockbox (FSBO)?
Was that photo for real or some sort of joke? Are there such things as rakc for lockboxes? Is that common? Wow, that is an awesome picture if its real.
Simmssays…
AmericanInventorSpot.com
This picture is for real.
What's not funny about the NeoCon supporter gettin' burned? Those are some of the funniest!
I love all you liberals who are wishing for a crash because you believe it will help your (even more) socialist party. You people are pure evil.
So the guy in office now is not the brightest bulb on the Christmas tree - we all know that. But I think the guy before him knows how bad things really are. He at least had a brain. His problem is he wants to become Elanor Roosevelt. Good Old Bill figures Harding is in now and we all pretend how great things are. Then Good Old Bill gets to go back to the White House with his wife the new FDR.
I love how all you liberal morons blame the housing bubble on Bush, but you think Clinton was a genius for the dotcom bubble.
You have a very intersting blog. Team Member's Forum
Post a Comment