I regularly cruise Realtor.com for potential houses. it's semi-serious browsing...our lease is not up until august but it doesn't hurt to scope out the market. I found a house in our future semi-ghetto neighborhood (because its all we can afford) for a decent price. Sometimes if you Google the MLS number you can get more info. No dice. So i wander over to the realtor's website. its not on there. Hmm. okay...do they want to sell houses or what? I find the realtor's email address and inquire about that specific MLS number.
Later this afternoon I got a response:
Hmm....Let's see here...5/27/05. EIGHT FRICKIN' MONTHS AGO?!?!?!?! Why oh why is it still listed? here is the best part: the "attached" home link takes me to a page with a home in the same neighborhood except it is now 60K more. Real cute. Sure, 60K, no big deal. Let me just reach into my other pocket...
I am now completely convinced there is some conspiracy to completely shut out middle-class white collar people from owning a home. We are a two income family, minus the expense of kids. How is it possible that we, earning equal salaries of our baby boomer parents, can not afford a home? The gap between the "haves" and "have nots," especially in reference to real estate is so wide that something will have to give.
I was mad before at investors but now i'm really miffed. A home should be first and foremost a dwelling. Not a moneymaker. Yay for capitalism but for crying out loud somebody please make it against the law to own more than 2 houses and make 200% profits on them!