foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend)

[scaredyclassic]

a decaying roof.

in a place that might not be a place you can earn a living.

it’s not a portable roof.

this is not to say the illusion of security has no value. I think the illusion of security and stability can have some value in forming the personal mythology of specific families. But I think we as a society tend to greatly overestimate that value in dollars and cents.

[scaredyclassic]

owning it free and clear as an old person doesn’t mean it’s not going to be sold out from under you the next week to pay your nursing home bills.

a house is not security or protection against anything.

it’s either economically rational or its not.

owning it outright is fine as it goes but provides no more security than the equivalent in liquid assets.

there may be “memories” that you can pretend reside in the house.

but really it’s in your head…

[scaredyclassic]

owning it free and clear as an old person doesn’t mean it’s not going to be sold out from under you the next week to pay your nursing home bills.

a house is not security or protection against anything.

it’s either economically rational or its not.

owning it outright is fine as it goes but provides no more security than the equivalent in liquid assets.

there may be “memories” that you can pretend reside in the house.

but really it’s in your head…

[scaredyclassic]

owning it free and clear as an old person doesn’t mean it’s not going to be sold out from under you the next week to pay your nursing home bills.

a house is not security or protection against anything.

it’s either economically rational or its not.

owning it outright is fine as it goes but provides no more security than the equivalent in liquid assets.

there may be “memories” that you can pretend reside in the house.

but really it’s in your head…

[scaredyclassic]

owning it free and clear as an old person doesn’t mean it’s not going to be sold out from under you the next week to pay your nursing home bills.

a house is not security or protection against anything.

it’s either economically rational or its not.

owning it outright is fine as it goes but provides no more security than the equivalent in liquid assets.

there may be “memories” that you can pretend reside in the house.

but really it’s in your head…

[scaredyclassic]

owning it free and clear as an old person doesn’t mean it’s not going to be sold out from under you the next week to pay your nursing home bills.

a house is not security or protection against anything.

it’s either economically rational or its not.

owning it outright is fine as it goes but provides no more security than the equivalent in liquid assets.

there may be “memories” that you can pretend reside in the house.

but really it’s in your head…

[NotCranky]

Calm down scaredy, breathe.

[NotCranky]

Calm down scaredy, breathe.

[NotCranky]

Calm down scaredy, breathe.

[NotCranky]

Calm down scaredy, breathe.

[NotCranky]

Calm down scaredy, breathe.

[scaredyclassic]

perhaps land. land in the old days was thought of as security, right, because it produced food. not because you got to hang out on the land. that security we histroically placed in being a “landowner” somehow wrongfully got transferred over to the stucco boxes we pass our days in. whcih produce no food, but the illusory security of capital gains which may or may not be there in the future.

indeed, the self-mocking ironic title of the blog — “econo-almanac for the Landed Poor” pays homage to being “landed”, one with lands, one who has the security of food production capacity. a stucco box is the place where the serfs live and pretend theya re secure.

i guess i sound pretty negative.

my offers don’t work out… 😉

if i didn’t have a wife, I wouldn’t be buying a house, because she beleives in that illusion of security and stability, just liek a marriage certificate gives the illusion of stability and security, a deed gives that very same illusion.

btu make no mistake.

all who inhabit this blog? we are the Landed Poor.

[scaredyclassic]

perhaps land. land in the old days was thought of as security, right, because it produced food. not because you got to hang out on the land. that security we histroically placed in being a “landowner” somehow wrongfully got transferred over to the stucco boxes we pass our days in. whcih produce no food, but the illusory security of capital gains which may or may not be there in the future.

indeed, the self-mocking ironic title of the blog — “econo-almanac for the Landed Poor” pays homage to being “landed”, one with lands, one who has the security of food production capacity. a stucco box is the place where the serfs live and pretend theya re secure.

i guess i sound pretty negative.

my offers don’t work out… 😉

if i didn’t have a wife, I wouldn’t be buying a house, because she beleives in that illusion of security and stability, just liek a marriage certificate gives the illusion of stability and security, a deed gives that very same illusion.

btu make no mistake.

all who inhabit this blog? we are the Landed Poor.

[scaredyclassic]

perhaps land. land in the old days was thought of as security, right, because it produced food. not because you got to hang out on the land. that security we histroically placed in being a “landowner” somehow wrongfully got transferred over to the stucco boxes we pass our days in. whcih produce no food, but the illusory security of capital gains which may or may not be there in the future.

indeed, the self-mocking ironic title of the blog — “econo-almanac for the Landed Poor” pays homage to being “landed”, one with lands, one who has the security of food production capacity. a stucco box is the place where the serfs live and pretend theya re secure.

i guess i sound pretty negative.

my offers don’t work out… 😉

if i didn’t have a wife, I wouldn’t be buying a house, because she beleives in that illusion of security and stability, just liek a marriage certificate gives the illusion of stability and security, a deed gives that very same illusion.

btu make no mistake.

all who inhabit this blog? we are the Landed Poor.

[scaredyclassic]

perhaps land. land in the old days was thought of as security, right, because it produced food. not because you got to hang out on the land. that security we histroically placed in being a “landowner” somehow wrongfully got transferred over to the stucco boxes we pass our days in. whcih produce no food, but the illusory security of capital gains which may or may not be there in the future.

indeed, the self-mocking ironic title of the blog — “econo-almanac for the Landed Poor” pays homage to being “landed”, one with lands, one who has the security of food production capacity. a stucco box is the place where the serfs live and pretend theya re secure.

i guess i sound pretty negative.

my offers don’t work out… 😉

if i didn’t have a wife, I wouldn’t be buying a house, because she beleives in that illusion of security and stability, just liek a marriage certificate gives the illusion of stability and security, a deed gives that very same illusion.

btu make no mistake.

all who inhabit this blog? we are the Landed Poor.

[Author]

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