Wednesday, July 9, 2008

The New Housing Market

In recent months the housing slump has brought bankers, investors, speculators, and homeowners to their knees. This aura of invincibility that used to reign has faded into confusion and insecurity. Houses, just like any other commodity can lose value. Shocking. However, there is a glimmer of hope. The housing market is showing its resilience.

The latest option for people to pursue these days is one that we all should have been made familiar with as young children: The cardboard box house. Don't throw away that old refrigerator box! That's prime real estate. At a low initial cost to the owner, all it takes is a little permanent marker and a flower pot or two to make it's value soar. Cardboard box houses are also good for the environment, being reusable and mobile. They do suffer from being less than effective in rainstorms, but there will always be new cardboard boxes to buy, gut out, renovate, and resell. The possibilities are endless!

1 comment:

Anonymous said...

Mr. Powers [sic] displays typical Republican concern for those in distress.