a visit to foreclosures.com shows there may, at least, finally be a noticable leak in the housing bubble. housing in benton county, in particular corvallis, is so obscenely over-priced. i first visited the foreclosure website around 4 years ago. at that time, there was only a couple of foreclosures in corvallis and one in philomath. today? 14. 26 more are in preforeclosure status. one of the sufferers? kip schoning, local real estate mogul turned slumlord. ah, karma is a beautiful thing, ain't it? if you see a property with a red door and a for rent sign, run as fast as you can, far far away. my spouse and i have checked out several of these properties in the past when we have been in the market for a home to rent. we walked away from each property, laughing. NO THANK YOU in one of the homes, the floor actually slanted. i remember thinking how in the hell can this be legal to rent?
while a part of me doesn't wish to see people lose their homes, the part of me that longs to own a home of my own and is oh so tired of being pissed as hell that despite both my spouse and i working we are not able to afford one, well, i want to see something change. i want to see the bubble burst (or at least spring a leak) and home prices brought back down to where they should have remained--keeping up with inflation. i know that would mean a lot of financial suffering for many, but hell, that has been my life for long enough. if people have to deal with loss so that folks like myself and my spouse can finally get into a home of our own, then so be it. i've been screaming for years my ideas on sharing the wealth, my thoughts about balance and how economies collapse when they are out of balance for so long. who has listened? certainly no one of real importance (to the world that is).
one day, perhaps very soon, people will remember my words and they will say "maybe she had a point. maybe we should have listened to her."
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Yes, everyone should RUN when they hear mention of Schoning and real estate in the same sentence.
DO NOT RENT FROM HIM OR BUY FROM HIM, because in the end SCHONING will screw you over one way or another.
As far as Karma, I would not expect any balance in this lifetime. The guy lacks any ability to comprehend the harm he causes others. Kip is a lying, scheming bastard, I think he actually enjoys conflict. It's all a part of some game. Part of balancing his imaginary financial "empire". Any hardship his shady realestate dealings causes others is certianly not factored into his decission making.
In my case he spent years avoiding dealing with his own HUGE pile of shit. Even in the face of documented proof of his lies, he was a sack of shit right up to the end. The most amazing thing I learned about Schoning is his seemingly endless ability to be able to convince himself that he is the one being wronged. Apperently he does not actually do anything wrong, poor Kip is just terribly mis-understood.
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