Sunday, August 02, 2009

The perfect setting for a horror story...

Thirty floors of luxury all to yourself doesn't sound too shabby at first but a new jersey family can tell you differently. They are all alone in a 200 unit condo building because everyone else failed to close on their unit or moved next door.

Shining-esque surprises like knocks on their door at 11pm, lounge chairs in the pool and a sign in sheet where the last entry was made over 6 months ago just up the creep factor for the poor family of five.

This is one of the stranger unintended consequences of the housing bust that I have read about. Not everyone goes into foreclosure and many people keep their commitments but when a whole building remains vacant it's both economically and psychologically frightening.

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