The collapse of U.S. housing market during the last three years has been tremendously painful to a lot of homeowners. They traded up houses without paying a dime for down payment, wishing to make a quick buck when their houses were sold. Or those who cashed in from their home equities for luxurious lifestyles. Have I mentioned the unsophisticated buyers who were told they could be homeowners too when their incomes could barely make the ends meet? The result, unfortunately, is endless regrets in foreclosures and bankruptcy filings. As we all know, the party is over.
Even now, some economists and investment analysts are still not optimistic on the recovery of the housing market. Some continue to throw stone without mercy. Not surprisingly, the headlines on newspapers and TV news are blowing their horns, claiming prices will continue to fall, and house sizes will continue to shrink.
While "McMansion" may have been a thing in the past, there's always somebody who wants to join the club. Let's just take LBJ as an example.
In fact, Ray is still healthy though he smokes quite a bit. Whenever I need to enter his home to help him out for something, I have to take a deep, very deep, breathe before knocking on his door. It is as if breathing his second handed smoke for a minute or two would kill me instantly. The fact is that Ray's fish died, all of them, and he doesn't want to keep the aquarium anymore. He's just nice to ask me if I want the tank for LBJ.

I just love reading this.
ReplyDeleteHey, don't wait too long to come find Dad, OK. And I think now LBJ has a very hefty home equity. LOL.