That transaction has Duke Cunninham flavor to it, possible a tax free payment for his propaganda.
If Chamberlain reads this, feel free to blame me. If not me personally, then my kind, “Reverse Flippers” (I just made that up, so if he uses the term I will know he reads these boards).
Reverse Flipper defined: long time owners who have sold and despite having the downpayment in the bank, high incomes and high credit scores, we refuse to buy. We see renting as an act of defiance and a shrewd business decision. With 5% price reductions each quarter, our middle finger, not out checkbooks are extended. We are immune, almost allergic to the kool-aid and our numbers are growing. Plasma T.V.’s, closing costs, granite counters and interest rate buy downs have no effect on us. We aren’t sitting on an uncomfortable fence, rather comfortably lounging on a La-z-boy and we want half off.
So blame us, we are holding the life preserver watching you drown from the safety of our boat and we won’t throw it to you. We have no soul and nothing pleasures us more than your suffering, we are the Reverse Flippers.
