Real Home of Genius: 464 Square Feet of “Deferred Maintenance”... Just 349K

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Dr. Housing Bubble has again added a little levity to our Thursday night. Tonight he honors another Real Home of Genius -- A 464 Square Foot, one-bedroom fixer upper in the City of Los Angeles, offered for just $349,000.

The Doctor: ‘This is a perfect example of delusion mixed in with a bit of hyperbole. ... When the seller states that this place has “deferred maintenance” I expect all of you readers to open up laughing as if we were on a poorly written sitcom and the canned laughter sign is going off. This is a probate sale therefore the sellers are in a position of power to negotiate especially with a gem like this.’

Thank you, Dr. Housing Bubble.

Photo Credit: www.drhousingbubble.blogspot.com