Saturday, December 27, 2008

Saturday Suckers

Oops. Paid $724K. Now for sale at $494K. Only a 32% hit in price. Ouchie!!

But Atlanta is different don't you know, everyone wants to live here and so real estate prices will never fall here.
No way in hell a housing crash could ever happen here don't you know.
Renting is throwing your money down the drain don't you know.
Owning is the American Dream don't you know.
Real estate never goes down don't you know.
Buy now or be priced out forever don't you know.
Renting is for poor people don't you know.

And all that jazz.

RIP AMERICA
1776-2009

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