Keep a Dream Journal As soon as you wake up from a dream, write down every little thing you can remember about it. Supposedly by writing it down, your brain recognizes certain patterns that only occur in a dream since most dreams are immediately forgotten and if they are on paper, you can recall them easily. Think about exactly what you want to dream right before you fall asleep. For instance you've probably fallen asleep watching MythBusters before and immediately dreamed you were flying through the air, using a giant version of Jamie's mustache as a hang glider.
The world of pretend of housing shows on television: Blowing through budgets and simply making it up to induce consumption. Fake it until you make it. No truer words have ever been uttered especially when it comes to Hollywood and the make believe of reality TV.
Yet people flock to housing shows in mass because it feeds into their world view that real estate is always a winning bet. Whether the show is about a couple looking to buy their first home or a show where prospective investors take a chance at rehabbing a former meth home and turning it into a puppy daycare, these shows put out some unrealistic scenarios especially for those that actually buy and invest in the real estate market.
Yet that is the rub. Most people never purchase investment property. Most that do own real estate own it as their place of residence. And that is why these shows do so well because they highlight an alternate reality that only works out in scripted reality. Ridiculous budgets and emotional buying I must admit to my chagrin I enjoy the episodes where they have first time buyers and how they analyze the situation: Oh, and a sauna and a walk-in closet would be nice.
I can wash the smell of grease off in my faux marble tiled shower. Let us assume that is the case.
But what about opportunity cost? What about the insane added financial pressure for the family since they just expanded their monthly housing costs big time? You also see couples tapping into their k which is simply ludicrous. Would you overpay that much for a computer, car, or an airplane ticket?
Well in reality you can. That is what investors do all the time. Yet these shows in many cases portray fake scenarios that lead the public naively down the real estate cult. And yes, some of it is staged: The other two choices that are filmed, are only shown to allow viewers the option of making the choice themselves.
This is like you going hunting only that someone already hunted the deer for you and has placed it out for you in the forest.
Of course you have to go through the pomp and circumstance of it all. Call it housing foreplay. Also, why is it called house hunting? Are they trying to tap into our ancestral need for this? I doubt our ancestors used Range Rovers to drive a couple of miles to buy frozen meals out in the tundra.
And this is a deeper examination of cultural real estate psychology. Or what about looking at a household budget pre-home buying and post-home buying a few years out? What about the reality that many couples that buy have the added burden of childcare costs that in some statesrivals that of a mortgage?
This is too much to think about. Real estate buying is simple! It never goes down! In the end, no one cares about your financial well being more than you. In my view, managing your finances wisely is about financial independence, not being locked down as a house slave while having to forge into the toxic freeway wasteland of California.
That financial independence may very well include owning a home. Heck, in most parts of the country buying is really a no brainer.
These shows also lower expectations to get people more used to buying crap shacks without questioning deeper. Would you buy a car if the dealer told you the engine is leaking oil and the steering wheel only turns left after three tugs?
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Jan 07, · One Flew over the Cuckoo's Nest is a Film starring Jack Nicholson, written by Lawrence Hauben and Bo Goldman and directed by Miloš Forman. It is based on the novel: "One Flew Over the Cuckoo. Bert Dohmen, founder of Dohmen Capital Research, is known as a Contrarian and leader in the investment research business.
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