Thursday, November 20, 2008

US$100 for a House with Land?

Dear Friends,

Some of you are probably thinking, "All of you Doomsayers, and Media are just sensationalizing the situation. Are you sure it's as bad as you say it is?"

Well, watch this video clip from MSNBC and make up your own mind. Can you really buy a House (4 Bedrooms) with Land for a mere US$100?

It's a beautiful house which for more than 2 years, it couldn't be sold, and thus, the owners are actually raffling (lottery) the house off, i.e. you buy a lottery ticket for US$100, and if you are lucky, you may just get the house for that price.

That's how creative people are becoming, to sell their house, even nice houses like the one in the video. Very sad. Heart breaking, but true.

Necessity is the Mother of Invention. As Hannibal said, "We'll either find a way, or make one."

Best wishes,

Ooi

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