Tag Archives: Florida
How to Comment!
It’s come to my attention that some people haven’t been able to add comments to my posts. It’s incredibly easy. Right beside my photo at the upper right corner of each post there’s a bag.
Think of this as YOUR punching bag. Imagine that you were aiming at my head and missed and hit the bag! Then let us all know whatever’s on your mind.
Standard laws of Internet etiquette apply! No cussing, swearing, flaming, threats, all the standard stuff. Oh, and don’t use all caps. that means you’re unnecessarily shouting and you’ll probably get deleted. And if I see something that looks libelous or slanderous your comment won’t appear.
Finally, I do make a rare change on a post regardless of which side you’re on. I only do it to correct occasional grammar and spelling problems just to make you sound more articulate.
WANTED: Hair Stylist With Tree Extension Experience
guest blog by Nila Ridings
If hair can be lengthened how about trees?
Quick! We need tree extensions in River Grove at Merritt Island, Florida before Pat Fitzgerald rips his Magnolias from the earth! His HOA is fining him $5000 because a couple of Magnolia trees he planted were too short. He’s already spent $1500 in an effort to mediate this idiotic dispute. Miracle Grow doesn’t work fast enough for this HOA board.
So, kiss those trees good-bye, Pat. Don’t you know you’ve destroyed all the property values in your neighborhood?
That’s right, Richard Rahn of the River Grove HOA board says Pat’s short trees have got to go! Yes, go! Not grow! I’m thinking things were better when board members didn’t make public comments. Because now that this board member has spoken out, HOAs everywhere should change their by-laws requiring elected officers to have an IQ of at least 50!
Pat never dreamed his military service during The Gulf War was going to be matched by the danger of growing trees in his front yard. But insanity never ceases to exist in HOAs!
Oh boy! Will it ever end?
Whew! A New Housing Bubble?
A lot of pundits have been predicting a new housing bubble, one even worse than that of 2008-2009. In this economy, of course, anything is possible.
But Bloomberg News now reports that the Fed is requiring a dozen major banking institutions in 2014 to stage a series of ‘war games’ if you will, stress-testing their ability to endure a plunge in the value of their portfolios.
How would they fare in another massive housing bust?
Hmmm, let’s toss into the mix a few factors that nobody ever talks about. 24% to 50% of the mortgage portfolios held by some major lending institutions are in homes located within American Homeowners Associations.
Several recent studies have shown that home values don’t appreciate or hold their value in Homeowners Associations as they do in properties outside of HOA control.
As documented in my new book, Neighbors At War, every foreclosure in a Homeowners Association drives down surrounding home values by several percentage points.
What’s that again?
Uh oh.
http://www.bloomberg.com/news/2013-11-02/fed-gives-banks-new-dire-scenarios-for-2014-stress-tests.html