<Chinese demand growth continues (for oil and everything else too...) The Oil Drum Biofuels: Bring back the Prairie>

15 comments on Site upgrade coming; make sure your email address is up-to-date

Comments can no longer be added to this story.

| Show without comments | PDF version

westexas on December 7, 2006 - 7:45pm Permalink | Subthread | Comments top
From The Housing Bubble Blog:

The Modesto Bee. "A Salida (California) couple is suing a group that offers real estate deals at a Ceres flea market, claiming that the company didn't deliver on promises to sell their home and get them a better one."

"Instead, say Manuel and Marbella Salas, they have a new house with construction defects, haven't sold their old home and have learned that the man who arranged the deals doesn't have a real estate license."

"`I want people to know what they're doing,' Marbella Salas said. `We had good credit, and now we're getting notices from the electric company.'"

"The couple's mortgage payment was $2,200 a month; they bring home about $6,600 per month. VJ Singh followed up with phone calls saying he could help them sell or rent their home and buy a bigger one elsewhere, and only increase their mortgage payment by $200 a month, the couple said."

"After they agreed to buy another house in Salida in December 2005 for about $500,000, they learned that the new mortgage would be $4,200 a month."

"Marbella Salas said she's afraid that others are getting questionable real estate deals with Singh and the company, adding that he still was set up at the flea market as recently as a few weeks ago. `He didn't care about us,' she said. `He only cared about his commission.'"

Comments can no longer be added to this story.
jeezlouise on December 7, 2006 - 8:59pm Permalink | Subthread | Parent | Comments top
Forclosures have doubled here in Atlanta in the past year.
Georgia foreclosures jump 99%, rate is nation's 3rd highest

    This in a city whose economy owes a rather large part of its existence to suburban and exurban ex p  a   n    s       i       o           n... that and tourism and trade shows, which are themselves vulnerable - not exactly much of the P in "E.L.P.".

Shipping container homes are looking more and more like one of those "just crazy enough to work" ideas...    

Comments can no longer be added to this story.
oilmanbob on December 7, 2006 - 10:51pm Permalink | Subthread | Parent | Comments top
They would actually be very energy-efficent if buried to take advantage of the earth's natural heating/cooling effect
I've seen them used a lot in the oil patch for storage, as well as at a lot of companies for temporary storage. Hope your wife isn't into fashion and elegance.
Comments can no longer be added to this story.
jeezlouise on December 7, 2006 - 11:13pm Permalink | Subthread | Parent | Comments top
Funny you should mention... it was her idea. The containers themselves are dirt cheap right now though, leaving plenty of money for renovation to make it look like a "real" house. Plus, if designed right, they're relatively immune to all types of natural disaster (including the straight-from-the-pages-of-the-worst-doomer-porn zombie hordes.)  
Comments can no longer be added to this story.
billp on December 7, 2006 - 9:14pm Permalink | Subthread | Parent | Comments top
http://www.prosefights.org/coal/coal.htm#tina and http://www.realestatedecline.com/
Comments can no longer be added to this story.

15 comments on Site upgrade coming; make sure your email address is up-to-date

Comments can no longer be added to this story.

| Show without comments | PDF version