Welcome to the Jungle! I wanna watch you bleed!
Chuck Ponzi October 24th, 2006
Every once in a while, we come across something that is just too funny to pass up. This one is a great little Craigslist find.
$372000 O.C. -quality Decorator Home near Philadelphia P.A.
Reply to: hous-225303873@craigslist.org
Date: 2006-10-24, 9:11PM PDTBuy my home for $24,000 under market. My agent isn’t doing the best job and we have already relocated to OC. This house is 3,721 square feet with EVERY amenity imaginable( Exotic hardwood, tile, granite, SS appliances, walkin closet built in, baseboards, maple cabinets throughout,french doors,$3,000 in hardware and faucets, cased windows throughout+ wood blinds, neutral paint/carpet, floor to ceiling stone fireplace, too much to mention.) This is a very open floor plan and feels “loft-like”. The master is on its own floor and off to the side. Even the basement has a sliding door, upgraded tile, lighting and maple cabinetry. 4bdr/2.5 ba, very private 25,000+ sq ft, fenced, lot with a view to kill. This is the best lot in the neighborhood ( fully landscaped front and back) and one of the top 5 homes. Taxes paid through 8/07. In a highly desireable upscale neighborhood about 45 miles from interior Philadelphia. The home is less than 2 years old. Call me if you are interested. 949-XXX-XXXX Trade considered for OC SFR.
OK, the house is better than decent… nearly 4K sq ft of high quality stuff… the pictures are quite nice, and I am sure the place is really amazing. Much more than you would ever find anywhere but at the highest-end communities that would run you more like 3.7M than 370K.
The funny? Reread the last line…
Trade considered for OC SFR
I’m tempted to email and let them know that I’m sure they can find a pretty decent 60’s era mobile home with fair lot rental to trade them, but I’m debating as to whether this was actually a joke. If it’s not, it’s quite sad to see people so out of touch with the local economics of home buying.
In times like this, I’m reminded of the profound words of the poet Axl Rose:
Welcome to the jungle
It gets worse here everyday
Ya learn ta live like an animal
In the jungle where we play
If you got a hunger for what you see
You’ll take it eventually
You can have anything you want
But you better not take it from me
They don’t call it a bubble for nothing.
Trade considered as OC SFR downpayment.
I’m from NJ/PA and I know the area pretty well.
Nice area west of Philly in the Amish country. Pretty green rolling hills. Low low low crime. Traffic started to get kind of bad but nothing like here.
Its about an hour commute. I’d say through 7-8 months of the year its a nicer place to live than Southern California. You don’t have the huge mountains but you do have forests and everything is green. Your about an 2 hr drive from NYC, DC and Atlantic city. Lots of fine culture activities. Decent economy.
Costs are lower and some occupations pay more (my wife is a teacher and would make more money there).
The early fall is very pretty, Winter is nice when you get a fresh snow, summers are hot and humid but beaches are very good.
Spring with the rain and storms is pretty beautiful and the flowers blooming everywhere is nice.
When your comparing it to the beach areas (10 miles from the beach) then its different.
Comparing it to 20 miles from the coast here…. We have smog, bad commutes, crime, over-priced property, sprawl, illegals.
Factor in that property taxes are much much higher.
LAEF2
“Record drop for home prices” is today’s headline news. But one realtor is quoted “It appears we have passed a cyclical peak in terms of the number of homes on the market”. This Irvine’s chart seems confirm what he said. But is this the true turning point?
“Welcome to the Jungle! I wanna watch you bleed!”
Love it!
Anon:
Cyclical? Har de Har Har… If you consider that we normally go through a 20-30% reduction in inventory every fall cyclical, yes. If you are considering that we will have record inventory next year, no, that would be non-cyclical. As Mozilo said: I have never seen a soft landing.
There is so much pent-up sales potential, even with substantially reduced prices. We saw this in teh 90’s as well. Recently, there is an article on another blog about someone selling their house that they bought for $23K. Prices in the area are $650K. If prices go down 100K, do you think they will still hesitate in selling their place? In the end, in a global economy, we do need to compete with other locales to attract good workers… if companies cannot get the resources they need at the prices that make it competitive, they will go elsewhere. Next up, lending business bust in SoCal.
Watch it bring you to your shunnananananananana knees, knees
Down in the jungle
Welcome to the jungle
Watch it bring you to your
It’s gonna bring you down!
KA!
Isn’t “Welcome to the Jungle” also the b/g music of that Grand Theft Auto: San Andreas ad showing machinima gangbangers packing RPGs around Watts Towers and South Central?