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Author Topic: Hobbits hit by subprime crisis  (Read 1227 times)

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Offline bijou

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Hobbits hit by subprime crisis
« on: August 05, 2008, 09:57:39 AM »

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The Shire - the verdant, pastoral home of the Hobbits in Lord Of The Rings - has survived many things. Marauding Nazgûl, evil wizards, treacherous Hobbits and a massive campaign of industrialisation all failed to destroy the halflings' rural idyll. But where Ringwraiths and ruffians fell short, another, more powerful evil has triumphed... namely, the massive slump in the American real-estate market.

As a result of plummeting property prices, The Shire - a development in Bend, Oregon that was modeled after Tolkien's descriptions of hobbit houses - has been hit with a foreclosure notice. Astonishingly, it turns out that in these troubled economic times, the hobbit-wannabe market isn't quite as lucrative as the developers thought.

The dearth of fantasy fans willing to pay $899,000 to live in a mock hobbit-hole in the Pacific Northwest is blow for the project's mastermind, non-hobbit Ron Myers. ...

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Offline Chris_

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Re: Hobbits hit by subprime crisis
« Reply #1 on: August 05, 2008, 10:11:13 AM »
It's just a regular house with a bunch of hobbity-looking crap in the front.  Weak.

http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20080731/BIZ0102/807310374/1041&nav_category=
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Offline asdf2231

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Re: Hobbits hit by subprime crisis
« Reply #2 on: August 05, 2008, 10:34:53 AM »
Man this sucks!

Next thing you know this stupid Bush economy is going to have them evicting all the Dwarves!

It's going to be like when Reagan turned all of those Orcs and Trolls out of public housing in the 80's!!
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Offline DumbAss Tanker

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Re: Hobbits hit by subprime crisis
« Reply #3 on: August 05, 2008, 10:56:16 AM »
900K, eh?  And no takers?  'Magine that....

 :uhsure:
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