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Housing Bubble Haiku


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2006 Apr 3, 5:40pm   31,609 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

« First        Comments 240 - 245 of 245        Search these comments

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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