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Housing Bubble Haiku


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2006 Apr 3, 5:40pm   31,032 views  245 comments

by HARM   ➕follow (0)   💰tip   ignore  

Haiku room

:mrgreen: Courtesy of Zen Master HARM :mrgreen:
©2006, all rights reserved

Please feel free to post your own "pearls of wisdom"...
(FYI: traditional Haiku uses 3-line stanza; 5-7-5 beat format)

The bids you receive,
The sound of one hand clapping.
Do they sound the same?

Poof! In an instant--
Disappearing without trace
--All your equity.

Hot market blazing
Burn rate growing, credit maxed
--Who put the fire out?

Your intelligence,
Your credit, your house: all are
Well below average…

Paper gains, but air
Mortgage, a lead anchor.
Which carries more weight?

Costs are high, hope gone.
The lender demands –foreclose!
And away goes house…

Like cherry blossom
In last days of spring, your home
Is well past its prime.

Above the summit
Beyond soaring clouds, comes
…New tax assessment!

As small kindnesses
Shown strangers, your upgrades too
Go un-rewarded.

Dark clouds approaching,
No more buyers found –Next comes
Vengeful ‘Silent Spring’.

Your Realtor job seems
Beyond your abilities.
--Is McDonalds hiring?

Many clouds slip by,
Unseen, unknown; much like your
…Prospective buyers.

How vast the ocean
That separates asking price
From true house value.

Many are the paths
That lead to prosperity.
Sadly, none lead here…

Daytrader before,
Flipper now; coming soon:
Parking attendant.

Stainless steel, marble
Glistens so, like Fool’s gold,
It has no takers.

#housing

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236   Different Sean   2006 Apr 5, 5:38pm  

HARM Says: April 5th, 2006 at 8:15 pm
Different Sean,
I know you don’t believe this, but there *is* a difference between being FISCALLY conservative and SOCIALLY conservative. Libertarian doesn’t necessarily = culture war neo-con.

i'm not sure i even appreciate what all the distinctions really mean.

I personally find all the categories a tad unhelpful and confusing, especially when used loosely. neocon, even in the current sense, can mean different things, e.g. in the context of US foreign policy, neocon tends to mean self-interestedly interventionist with hawkish views, operating unilaterally if necessary, which competes with ideas of liberal internationalism, realism, and non-interventionism. i could argue they are inappropriately insular, nationalistic and 'patriotic' in an unenlightened sense. but they tend to be advocates of larger govt and social spending as necessary.

i could argue very well that libertarians are philosophically the closest thing to a communist in the true sense as defined by Marx et al as you will find - supporting the withering away of the state, etc. - if not that, then an anarchist - so there is some ideological confusion there as well.

i am 'liberal' on a range of social issues, but not libertarian. does that make me socially conservative then? for instance, a 'liberal' may encourage gun control, because they think it's ultimately very harmful to a large society. but they may not mind soft drugs, unless they are independently and unbiasedly proven to do serious material damage to the person. they may dislike the effects of smoking for its costs and suffering. the ideological libertarian says it's ok to smoke and possess firearms. the neocon is ok with owning and bearing arms because it's a kind of socially and culturally cool and conservative thing to do in one particular culture.

this is not even to get into the history of thought on the matter, dating back centuries, and mostly forgotten and unconsidered in the mainstream.

i could then pull in left-right Marxist class theory, tough-minded vs tender-minded psychological theory, kohlberg's hierarchy of ethical development, the ability to take the part of the other, feminist studies and gendered power relations, etc etc. you can have a great old time...

i think it's necessary to formulate a grounded ethical position when dealing with 'being in the world' rather than a logical one, which hopefully then dispenses with the need for categories or rigidity, and can even be used to critique or expose those categories as being perhaps inconsistent, leading to unworkable outcomes or unnecessarily cruel.

237   Different Sean   2006 Apr 5, 6:24pm  

this review of Collapse is quite interesting. like Guns and Steel, i might wait for the TV series, heh. i'm still trying to finish The Third Chimpanzee...

http://www.grist.org/advice/books/2005/02/08/kavanagh-collapse/index.html

the case of Easter Island is a chilling metaphor for the world, particularly if everyone does act in a self-interested and unenlightened way without regard for the wider environment - single-mindedly obssessed with gaining material 'success' to meet their esteem needs and to gain the esteem of others...

238   Different Sean   2006 Apr 5, 6:48pm  

I loath Dubya. Hated him even before he was elected to his first term. Knew he would be a horrible president. Watch him fall through my low expectations, adjusted my expections lower, repeat…

hmm, the chimp who smirks - selected, not elected - by rigging the elections in 10 ways...

the Republicans have repeatedly put forward candidates that are an insult to the American people - Reagan, Quayle, Bush Sr, Bush Jr. Questions of election rigging aside, they seem to have worked out the formula that putting up an inarticulate but amiable idiot will win an election by presenting a folksy impression that will hook the voters...and leave the real backroom political maneuverings to the usual bunch of unpleasant sharpies whom no-one likes...

239   Different Sean   2006 Apr 5, 7:43pm  

anyone know any good haikus?

240   Different Sean   2006 Apr 5, 8:33pm  

I disagree. The U.S. government is all TOO eager to jump in an intervene in plenty of areas it has no damned business sticking its nose into –like banning gay marriage, soft drugs, ...

that's a good point. the Republicans have invaded the bedroom. what is it, god, gays and guns?

interestingly, pollies here are far too diffident to really engage in those issues. australians are either morally indifferent or just tolerant, and a pretty secular culture overall. so there's no god, no guns, that just leaves the gays, and nobody is too fussed there, either...

the big issues here seem to be about industrial relations, mostly...

241   Different Sean   2006 Apr 6, 12:38am  

Actually, Australia is already cutting a deal to export Uranium to China. So I don’t think democracy is much of a concern anyway.

And a prolific proliferator like China will soon start reselling it to its ‘friends and allies’ - Iran, Pakistan and N.Korea. So, thanks a lot, Aussies.

PS

cool. we're going to sell uranium to china and india and all the other NPT signatories... actually, india hasn't even signed the NPT, but never mind... as long as they're good payers...

no democracy? no problem... poor democracy rating is no obstacle, as long as you can make the repayments...

242   astrid   2006 Apr 8, 2:46pm  

testing

243   HARM   2006 Apr 13, 7:48pm  

Courtesy of "Rainman18"at Ben's blog:

Bubblefucius say:
Man who carry risky loan sure to suffer broken ARM.

And...
Bubblefucius say:
Condo flipping like swift kick in the scrotum. Both painful and you left holding the bag.

And...
Bubblefucius say:
Low-ball offer today look higher tomorrow when you are on knees.

And...
Bubblefucius say:
Housing comps like instant coffee; both good until the last drop.

And...
Bubblefucius say:
Man use stated income to buy two story house; one story before and one after.

244   HARM   2006 Nov 16, 6:12am  

Not Haiku or poetry, but here's one of my all-time favorite REIC bullshit filters that resurfaces from time to time:

RE.Agent Says:

November 15th, 2006 at 6:32 pm e
It’s a new paradigm, and everybody who doesn’t buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their property will continue its 30% yearly price increase.

Renters, and anybody born in a future generation, will not be able to afford a $10,000,000 starter home in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

245   HARM   2007 Jan 22, 4:43am  

Also not Hailu, but worthy of remembrance:

‹^›_‹(ô¿ô)›_‹^›

(c/o Surfer-X)

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