Will they have Chihuly lamps at the poor farm?
Today in the mail we received a big, heavy 206-page magazine full of ads for jewelry, high-end wine, ultra-expensive condos, and super-fancy furniture and fixtures. There are also some "articles," but they're utterly indistinguishable from the ads.
I think the mailman made a mistake. This publication belongs on another planet.
| Posted at 12:55 PM | Permalink |
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Comments (11)
I guess the editors and publishers of this rag haven't been reading the Wall StreeT Journal lately. Almost every type of business from high end custom yacht builders to resorts to designer clothing shops are feeling the economic pinch right now. Not to mention the prices on "Luxury Properties" in their weekend editions keep dropping in price
Posted by Dave A. | October 17, 2008 2:04 PM
I hope those editors have been too busy working on the résumés.
Posted by Jack Bog | October 17, 2008 2:07 PM
In the subtitle, they seem to have misspelled "Repossessed".
Posted by Allan L. | October 17, 2008 3:26 PM
SPOKE WITH A HIGH END REALTOR TODAY..THIS GUY SELLS 800K AND UP HOMES. NOTHING HAS SOLD IN 3 MONTHS. NOBODY SHOWS UP FOR A SHOWING ON SUNDAY. NOT EVEN THE NEIGHBORS! MELT DOWN. HAVE YOU EVER SEEN SO MANY HOMES FOR SALE OVER A MILLION BUCKS? HE ALSO TOLD ME THE ONLY PEOPLE BUYING THESE SPENDY HOMES ARE PEOPLE WITH CASH.
NOBODY CAN GET THE BANK TO PLAY BALL ON THESE EVEN WITH 25% DOWN. NEXT YEAR THE REAL HOUSING MELT DOWN BEGINS. THIS WAS JUST THE OPENING ACT.
Posted by REALDON | October 17, 2008 7:05 PM
Don: Please lay off the caps lock key.
Posted by Jack Bog | October 17, 2008 7:48 PM
There is a big display of "available" luxo-condos down on the bottom floor of Pioneer Place too. I thought it was an art display at first. Nope, ads for condos. Kinda sad.
Posted by Jon | October 18, 2008 8:16 AM
Jack, if you haven't seen the cover of "NEW HOME MONTHLY" in today's Boregonian, you might want to avoid it . . .
Headline: FRACTAL FACTOR: 937 Condominiums rising high in the Pearl! (937 building - "raising the visual bar for stylish green urban living") Low end: 950-square-foot one bedroom at $346,950 . . . high end 2,500 square-foot $2.3 million penthouse. Only 20 percent of the 114 condos have been sold.
and
a large photograph of the Portland Streetcar passing in front of the 937 building with its purple plastic balconies.
Rah, rah.
Posted by NW Portlander | October 18, 2008 9:34 AM
Well, gee, let's make the best of it.
I'm off to a dinner party down in the Lake-O tonight, with my liberal elitist, tasseled-loafered homies, and I'm to bring a dessert wine--what does LUXE recommend??
Posted by Charlie | October 18, 2008 11:35 AM
Oops, my bad.
According to the article, those balconies are MERLOT, not purple.
Posted by NW Portlander | October 18, 2008 8:53 PM
Aaah, let them have their fun, because all that matters is that they have idiots willing to buy advertising to keep the party going. In about another six months, the editors are going to be starting up consultancies to offer advice on how to start up similar housing porn magazines or trying to get their resumes in at Portland Monthly before it goes under. (We have a similar array of joke advert magazines of this sort in Dallas, and the ongoing joke is that if the executive editor of the parent magazine ever loses his job, four coke dealers will no longer be able to send their grandkids to Harvard.)
Posted by Texas Triffid Ranch | October 19, 2008 5:29 PM
This was meant for the AIG execs who continued to go on junkets to So. Cal spa resorts and hunting quail in the UK after getting the US bailout.
Now that is a real crime.
Posted by kda | October 20, 2008 8:28 AM