Friday's rant on homebuilder's credit

[Jelly]

I think I love Cramer again.

It boils down to the utter revulsion I've felt for a couple of decades now, regarding the large structures built on tiny lots and how they trade dignity for profit.

My skin crawls when looking for houses and a realtor drives me through one of these developments.

There has never been a time when I wouldn't fire up the bbq and buy the beer to celebrate a big homebuilder getting thrown off a tall (Dubai tall) building.

That's just me though.

[madcowdisease]

I think I love Cramer again.

It boils down to the utter revulsion I've felt for a couple of decades now, regarding the large structures built on tiny lots and how they trade dignity for profit.

My skin crawls when looking for houses and a realtor drives me through one of these developments.

There has never been a time when I wouldn't fire up the bbq and buy the beer to celebrate a big homebuilder getting thrown off a tall (Dubai tall) building.

That's just me though.

You should see what they're doing in various cities in Ohio. Not only is every other new development a cookie cutter quintessential example of suburban sprawl but when the "good" neighborhoods are all tapped out they go in and bulldoze a very fine house like they are doing where my grandparents live and put a mini-mansion on it with two spare feet of lot on each side of the house. Sure you have a nice house but your neighbor is right on top of you with a clear view right in to your master bedroom. We're not talking about small houses here. I've seen similar homes to my grandparents, 4 bedroom, upstairs foyer, 3.5 baths, and ~ 3,500 sq.ft just levelled and a 6-8000 sq.ft behemoth is plopped on a 1/4 acre lot. It used to be that Indian Hill was an elite neighborhood but one problem is property taxes. They've gotten so high people sell off estates, or parts of it, to cover the taxes. The developers are there like vultures to swoop in, partition it off and turn it in to a subdivision full of mini-mansions. And in the less affluent parts of town they are buying former farms and building exact copies of one another prior to expanding utilities or widening the streets. I have in-laws that live in one of these new 'burbs and the traffic is unbearable. From 3:30-7 each evening you will sit in gridlock in single lane roads with stopsigns at each intersection. Personally, I took a step back and moved in to a house closer to town that was built in the 50s. I can get right on the freeway, walk to the bank, library, a few restaurants, and parks, and my house doesn't look like my neighbors' house. We love it.

[madcowdisease]

Cramer brought this up again when he talked to Senator Dodd last night. The ironic thing is the senator said he wasn't "enthusiastic" about the home builder credit portion of the bill (3Xs!) implying he didn't think it would go through. To me this sounds like he's holding back information to find faor with Cramer and his viewers and I think that if there was a consensus against the credit portion he would have unequivocally said so. I still think it will get passed because the politicians care more about their own coffers than they do about their constituents.

[cramerica1972]

Cramer brought this up again when he talked to Senator Dodd last night. The ironic thing is the senator said he wasn't "enthusiastic" about the home builder credit portion of the bill (3Xs!) implying he didn't think it would go through. To me this sounds like he's holding back information to find faor with Cramer and his viewers and I think that if there was a consensus against the credit portion he would have unequivocally said so. I still think it will get passed because the politicians care more about their own coffers than they do about their constituents.dodd says the hates the "BAILOUT"word,which is exactly what the bill is.....a BAILOUT.

[Jelly]

I think I love Cramer again.

It boils down to the utter revulsion I've felt for a couple of decades now, regarding the large structures built on tiny lots and how they trade dignity for profit.

My skin crawls when looking for houses and a realtor drives me through one of these developments.

There has never been a time when I wouldn't fire up the bbq and buy the beer to celebrate a big homebuilder getting thrown off a tall (Dubai tall) building.

That's just me though.

I take this post back.