A New Foreclosure TV Show!

Florida Market

The reality is that Florida once again is a investor dream for the foreclosure market..homes that were selling for $1.2M can't be given away for $700K..the $700K homes behind the precious gates filled with people who wanted to keep themselves from a certain kind..are now finding themselves looking at those kind of people moving in for a bargain of $450K...I don't blame people for taking advantage of the market..that is why they call them INVESTORS..and banks are finally willing to start DUMPING the inventory at bottom prices..and seller are short selling their lives away..

Ann of FL @ May 29, 2008 21:58:48 PM

scumbags?

I find it humorous that people think that taking advantage of a decline in values is any different than taking advantage of a rise. There are losers in both cases. Personally, I don't watch any of these shows but there is no difference between this and the get rich via real estate reality shows. I can't tell you how sick I got hearing all those irresponsible people saying that real estate was such a great "investment". These are generally the same people calling the current situation a crisis. Well, investments do decline and its time for people to face the consequences of their actions. No bailouts for banks or individuals. Prices need to fall so that "investors" will take the risk.

Pat of NH @ May 29, 2008 13:10:46 PM

Your own personal "nuclear" option

Well, we bozo-ized (yes, an original coined word) Americans LOVE those reality shows where somebody gets thrown off of something. Thrown out of the house (with your dreams devoured by vultures) a stretch? Probably not. Some jerk somewhere is probably calling it "the next level" at this very minute.

This is one more reason (if it succeeds in the "pitch" process) why that digital TV day in February, 2009, should be our NATIONAL TURN-THE-DARN-THING-OFF-FOREVER DAY. That would be the "changeover" we need---but only those with individual courage can have it. (The Bozos will remain faithful in viewing.)

Not "all" media has negected the USA foreclosure crisis by the way--- just our American media. Not long ago, the BBC world news did an evening feature story on Californian tent cities growing daily with people foreclosed. But that was for their British audience, not so much for us here.

Daniel David of NM @ May 29, 2008 11:34:35 AM