More Saturday Night Memes

Hi Gracie…we live in semi-rural CA. It qualifies for HUD. A new “ritzy” development went up (by our standards ..b/c they were then & even now near million-dollar properties, & ours worth a little more than half by comparison). This is end of our street on a former 15 acre “ranch.” My husband was morose as we passed them going from our property b/c these “elite” homes appeared to be packed w/multiple families, mostly Hispanic “minorities” (I do the quotes b/c here in CA, Hispanics are now the majority with over 50%…but a significant amt of that are not citizens, which includes, for instance, a custodian of my own school room, who came here at age 13 illegally & is in her 50’s …& now owns 3 homes in this country & at least one I know of in Mexico–she has “gamed” our system in ways I can’t even begin to describe here in brief). These new homes at the end of our street seemed always in a “party” on the lawns, cars parked in the drive & on the street & lawn …sometimes for always… I told my husband, “Don’t worry, they’ll be gone inside of 2 years. They will not pay their bills or take care of the property b/c they are not experienced homeowners & have been “given” these properties (at 2% interest). They are used to someone else (landlord) taking care of their homes/problems. They will spend all their monies as “expendables” & not for “required.” Bingo. They were all gone/repossessed within that 2 yrs I predicted & we are at least somewhat back to “normal” in our neighborhood. My dad was an economist & on the “side,” a housing/rental investor…a sort of “mini-Trump” in his day & locale. I learned at his knee.