Today we salute Lynwood California with the Real Homes of Genius award for Southern California. If you thought denial was only a river in Egypt, you need to take the 105 toward Lynwood and find some folks living in Wonderland; and I’m not talking about the posh rehab center Lohan is slumbering at. Today’s example is a 675 square foot home featuring an amazing 2 bedrooms and 1 bath. Even though this square footage is normally reserved for studios, you’ll notice that sleeping on top of your family members is rather enjoyable, especially 300 pound aunt Jenny. Not only that, but this home was built in 1937 so you’ll enjoy some pre-World War II smells as well. This home has been on the market for 154 days and had a reduction last November from $460,000 to $425,000.
What a generous seller, they have given us a cut of $35,000 merely for waiting an extra 2 months. But how much did they pay for this place?
Bwahahahhaha! Yes, you read correctly this place was purchased in 1998 for $78,000 and in 2005 for $290,000. So this person is trying to make the equivalent of $100,000 per year merely by living in this place. Talk about a massive flip! Again, those that deny the bubble need to check themselves in to Wonderland and join Lohan in their path to a sober recovery.