Have you seen them? The FOR SALE signs?
Every morning, when I’m driving to work or heading to the gym, I see one after another after another after another. Sometimes, there are five, six, or seven on a street.
This morning, as I went to the gym, in the weeeeee small hours of the morning (4:20am, which might explain why my brain was so flabby), I wondered, “Where are all these people moving to? Where are they going?”
Within an instant, the answer came to me. “They’re moving to PLEASEGODDON’TFORCLOSEONME-land! They are relocating to Wearefucked, USA. They’re moving to Gottarentfromnowon-ville! They’re heading off to PleasebuymyhouseormycreditwillberuinedandI’llbelivingonthestreet City!”
That’s the sad truth of it. So many people bought houses with these shitty sub-prime loans and they won’t be able to rent if their credit gets ruined so they have to sell or be in a bucket filled with fiery-hot trouble. It’s going to change the way we look at buying a house for a long time and it’s going to leave a lot of ruined lives in its wake.
I am very thankful that Vicky and I got out of our sub-prime before it was too late. If I’d been out of work much longer, things would be very different, and much worse, for us.
But, don’t listen to me. According to Shrub, there’s no recession!