FML Listings posts incredulous commentary about outrageously overpriced real estate listings in Toronto. Look at the run-down bungalows -- in
North York! -- listed for a million dollars and despair. Canada's
housing bubble, on full display. Via
Maclean's.
posted by mcwetboy
on Jan 30, 2012 -
73 comments
The most curious was on a chariot that carried the most singular music that can be imagined. It held a bear that played the organ; instead of pipes, there were sixteen cat heads each with its body confined; the tails were sticking out and were held to be played as the strings on a piano, if a key was pressed on the keyboard, the corresponding tail would be pulled hard, and it would produce each time a lamentable meow... the cats were arranged properly to produce a succession of notes from the octave… Sixteenth-century Europe, Jingle Cats, and the 2008 Housing Bubble:
The Birth of Sampling [more inside]
posted by waterunderground
on May 29, 2011 -
20 comments
Earlier this week, Toxie, NPR's cutest toxic asset
died. One of the mortgages bundled into this asset was an investment property in Bradenton, Florida, which, like many Florida homes, has never been occupied or served as anything other than a financial instrument. Boston.com's Big Picture recently took
a look from above at the effects that this (and previous) housing bubbles have had on the development of Florida's cities and landscapes. How do you design a city that nobody plans to live in? (
Previously)
posted by schmod
on Oct 1, 2010 -
82 comments
The Fall of Fannie Mae This is not your ordinary accounting fraud. Yes, there's the matter of $9 billion in overstated earnings. But the fight over Fannie is a nasty political showdown where everyone has his own agenda. And it's not over yet.
posted by trharlan
on Jan 25, 2005 -
9 comments