Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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HOA Suing Nearby Family Farm For 'Damaging The Value Of Their Property' Despite The Farm Being There First (www.yourtango.com)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 58 points 1 week ago (2 children)

Speaking as someone who owns a house, I cannot fathom mentality of people whose sole purpose in life is to obsess over the value of their house.

I bought my house for living in. It's not a fucking investment vehicle. It's where I keep all my stuff.

[–] [email protected] 20 points 1 week ago

As a homeowner, I want the value of my house to go down so I don't have to pay so much in property taxes -- I pay more towards property taxes than I do my mortgage at this point.

[–] [email protected] 7 points 1 week ago

It's about status in the community. Magically take that away and nobody would drive a huge, unwieldy truck.