The term ‘exclusive,’when employed as anything other than a pejorative, has to double back on itself a time or two just to keep up. The theatrics can be dizzying.
The gated community in Hemet doesn’t seem like the best place for Eddie and Maria Lopez to raise their family anymore.
Vandals knocked out the streetlight in front of the Lopezes’ five-bedroom home and then took advantage of the darkness to try to steal a van. Cars are parked four deep in the driveway next door, where a handful of men rent rooms. And up and down their block of handsome single-family homes are padlocked doors, orange “no trespassing signs” and broken front windows.
It wasn’t what the Lopezes pictured when they agreed to pay $440,000 for their 5,000-square-foot house in 2006.
Okay, set the money aside for a second – I know; it’s difficult. What were these homeowners being promised?
The development promised a Tiffany neighborhood for what was then something closer to a Target price.
It’s mainstreaming the haute bourgeoisie, as if that was a thing we would want to do , or could do without consequences from Mother Universe. Come on, “brochures that coo”? But again, the whole thing is so stupidly incoherent, if I only blamed the gullible buyers it would legitimize the developers/lenders as some kind of Barnums who should be lauded. For the buyers, we have to admit that, circa, 2005, this was what the American dream looked like. The whole thing is a construct to separate you from your money, yes; but what happens when it works? We’ll have to admit: the rubes’R us.
Thanks to overbuilding, demographic changes and shifts in preferences, by 2030 there could be 25 million more suburban homes on large lots than are needed, said Arthur C. Nelson of the University of Utah. Nelson believes that as baby boomers age and as younger generations buy real estate, the population will abandon remote McMansions for smaller homes closer to shops, jobs and the other necessities of life.
Ya think? Now hear this: no where should property values ever be as high as even $200K for a quarter-acre lot (with a house!) if it is more than a ten minute-walk (on foot) to the bar, the post, at minimum ten restaurants, at least a hippie grocery store if not a carniceria and the bank. Does this mean people can only live in big cities? No, it does not.
Elitist happiness misers.