Sunday, February 15, 2009

Busy

Yeah, I'm too busy to write anything these days, but I'm still reading and sharing good stuff here. Go check out some stuff from people who can really do this.

Tuesday, January 20, 2009

A bookmark

Here's an article that may save some money: Hammer time: Function or Fashion.

Sunday, January 4, 2009

More pop!

I just wanted to say that it's about time someone (other than me) said this: Blame Television for the Bubble
The cable network HGTV is the real villain of the economic meltdown. As the viewership reached a critical mass over the past decade -- HGTV is now broadcast into 91 million homes -- homeowners began experiencing deep angst. Suddenly no one but the most slovenly and unambitious were satisfied with their houses. It didn't matter if you lived in an apartment or a gated community, one episode of "House Hunters" or "What's My House Worth?" and you were convinced you needed more. More square feet. More granite. More stainless steel appliances. More landscaping. More media rooms. More style. You deserved it.

Clearly. And then there's this:
If you had any doubts about your ability to afford such luxuries, all you had to do was look at the 20-something couple in the latest episode choosing between three houses. Should they go for the fixer-upper, priced at $425,000? Or the one with the pool for $550,000? What about the one with room to grow for $675,000?

"How much money can these people possibly make?" I shout at my wife before wrestling the remote from her house-hungry little hand and switching it to the nearest sports program. "The guy can barely string together two sentences!"

(bold mine)

I've been in the same chorus myself. Who can afford to spend that much on a house? I think there should be a requirement that each buyer's income source and financial portfolio be disclosed. I just about flipped one episode when a couple that looked like they were still in high school were buying a half million dollar house. At the least, they should be required to say "Daddy's buying it for us" on camera.

Nota bene: my wife Tivos all this stuff, not me, but it can be interesting, especially in this light.

Continuing:
And yet on episode after episode for this entire irrational decade, HGTV pumped up the housing bubble by parading the most mediocre, unworthy-looking homeowners into our living rooms to watch while they put their tacky, run-of-the-mill tract homes on the market for twice what they paid and then went out and bought houses with price tags too obscene to repeat. You couldn't watch these shows without concluding that you must be an idiot and a loser if you lived in a house you could actually afford.

No argument there, or with the conclusion:
Every show features highly attractive hosts who show you how to "unlock the hidden potential" in your home, how to turn a $10 thrift-store table into a "wow" media center, and how to make everything "pop." Pop is the word of choice on HGTV.

Ironic, isn't it, given the fact that pop is the sound we keep hearing from the McMansion-sized housing bubble HGTV created.

The whole thing is worth reading even with my lengthy excerpts here.

Oh yeah - read this too. Bet you won't see this one on House Hunters.