Too Stupid to Own a House

Well said. I keep thinking of all the yupsters who were, a couple of years back, moving into “live/work lofts” in San Francisco neighborhoods largely populated by PRE-EXISTING warehouses and nightspots. Imagine their horror at discovering that, hey, warehouses and nightspots (like airports) tend to be noisy neighbors…

It rather makes one wonder where they found the intelligence required even to save up a down payment for their luxury homes and condos. What’s that old saying about fools and their money? The way I see it, any individual too stupid to find out what an area is like before buying a home there is thoroughly deserving of whatever problems and discomforts he experiences. It’s a shame that it’s probably illegal to require an IQ test of mortgage applicants…

The scary thing is that, in Chapel Hill (and arguably in San Francisco), the fools pretty much won. Where’s Darwin when you need him?