Ignorance is fuckin' bliss. Driving in to work today I was listening to NPR and they were talking about the burst housing bubble and its effects across the country. Specifically, they were talking about what the impact has been on house sellers.
Well, thanks to NPR, I come to find out that everywhere else in the country - except for the San Francisco Bay area - sellers are having such a hard time selling their houses that they're resorting to gimmicks and incentives to try and pull in buyers. What kind of incentives? Here's the list of things I heard them discussing:
- Rent/Lease-to-own agreements
- Money back from the sellers if you buy the house
- Buy the house and get a free Caribbean cruise
- Buy the house and get a free Jaguar
- Buy the house and get a free electric car
- Buy the house and get three free cars
- Buy the house and get a free boat
Meanwhile, here in San Francisco the deal seems to still be:
- Buy the house and get effed up the ass with a ridiculous mortgage for 1/3 of the house you can afford anywhere else in the country
Fuckers.
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