Saturday, August 06, 2011
The rich are different
Listening to Clark Howard for lack of anything else tolerable at 3AM Saturday. Clark is more or less lefty in culture, but generally realistic.
A lady called with a mortgage problem, mentioning that she's in a one-bedroom house with husband and baby, then describing the usual adjustable rate Sucker's Mortgage. Clark interrupted her with incredulity: "Did you say a one-bedroom house? I've never heard of a one-bedroom house. Sure you don't mean a purchased apartment?"
The rich are different.
= = = = =
In fairness, this may be an East vs West thing. Very few 1-bed houses have been built anywhere since 1950. Before that, East and West were different in important ways. In the East, where real estate was valuable and crowding was accepted, most houses were large. Apartments, upper-class mansions, or big enough to hold an extended Irish family. In the West, land was cheaper and the ideal of having your own yard has always been important. So a tiny cottage was worth building and buying.
Hooray for tiny cottages!
¶ 3:43 AM
A lady called with a mortgage problem, mentioning that she's in a one-bedroom house with husband and baby, then describing the usual adjustable rate Sucker's Mortgage. Clark interrupted her with incredulity: "Did you say a one-bedroom house? I've never heard of a one-bedroom house. Sure you don't mean a purchased apartment?"
The rich are different.
= = = = =
In fairness, this may be an East vs West thing. Very few 1-bed houses have been built anywhere since 1950. Before that, East and West were different in important ways. In the East, where real estate was valuable and crowding was accepted, most houses were large. Apartments, upper-class mansions, or big enough to hold an extended Irish family. In the West, land was cheaper and the ideal of having your own yard has always been important. So a tiny cottage was worth building and buying.
Hooray for tiny cottages!
¶ 3:43 AM
