"Extreme Makeover: Home Edition" is bad news for some. Building McMansions for poor people result in foreclosures. "Goodby ABC! Thanks for coming, in our house!"
"Extreme Makeover: Home Edition" is bad news for some. Building McMansions for poor people result in foreclosures. "Goodby ABC! Thanks for coming, in our house!" WSJ | Family Application for EM: HE
1 Comment
i'm no fan of the show, primarily because it seems so necessary to them to tear down every house before the 'makeover'. a lot of these houses are energy hogs and, for sure, their owners' property taxes go up.
the biggest issue here is surprising, but should have been obvious! if you are given a gift and have to refinance it to get the equity out just to keep ahead of operating the house itself, and then can't keep up with the HUGE mortgage you've just given yourself... arrgh.
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.