Monday, March 17, 2008

This Old McMansion, March 2008

Before we unveil the new issue of This Old McMansion, let's stroll through this site's archives for a moment.

In honor of the "slumburbs" (thanks to U.Doran for this story: Is Suburbia Turning Into Slumburbia?), let's turn to my more polite phrase, degentrification:

The Great Fall: How Suburbs De-gentrify to Ghettos (November 20, 2007)

As the housing bubble bursting drags the economy into recession, let's recall these entries:

As the Real Estate Bubble Pops, so Does the Economy (March 14, 2006)
Can 4% of Homeowners Sink the Entire Market? (February 21, 2007)

And in honor of Bear Stearns falling from $90/share to $2/share almost overnight (drum roll please), let's recall these entries from years past:

Catalyzing the Great Unraveling (September 3, 2005)
The Scandals Yet To Come (October 25, 2005)
Could One Rogue Trader Bring Down Global Financial Markets? (November 30, 2005)
The Coming Conflagration (January 17, 2006)

Over the past few years, whenever I have suggested that many distant slumdivisions would be bulldozed, the startled listener would react as if I'd said something truly insane, such as "we're not in Iraq for the oil." Alas, I still believe we shall see D-8 and D-9 Catepiller bulldozers crunching down rotting, abandoned bubble-era houses as the cheapest way to rid the community of the eyesores/"attractive nuisances."

Of course first they'll try to sell the pathetic, stripped, vandalized dumps for $1; alas, if nobody wants to live there, you won't be able to give them away:

NOTE: contributions are humbly acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Eric A. ($20), for your ongoing generous support of this humble site. I am greatly honored by your contributions and readership. All contributors are listed below in acknowledgement of my gratitude.

Terms of Service

All content on this blog is provided by Trewe LLC for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information. These terms and conditions of use are subject to change at anytime and without notice.

Our Privacy Policy:

Correspondents' email is strictly confidential. This site does not collect digital data from visitors or distribute cookies. Advertisements served by third-party advertising networks such as Adsense and Investing Channel may use cookies or collect information from visitors for the purpose of Interest-Based Advertising; if you wish to opt out of Interest-Based Advertising, please go to Opt out of interest-based advertising (The Network Advertising Initiative)
If you have other privacy concerns relating to advertisements, please contact advertisers directly. Websites and blog links on the site's blog roll are posted at my discretion.

Our Commission Policy:

Though I earn a small commission on books and gift certificates purchased via links on my site, I receive no fees or compensation for any other non-advertising links or content posted on my site.

  © Blogger templates Newspaper III by 2008

Back to TOP