Homedebtor: A recent home-buyer (one who bought during the real estate bubble). Merges the sounds and concepts of "homesteader" and "homeowner." From a cynic's dictionary by San Francisco Bay Area real estate blogger Patrick Killelea, a k a Reality Parser, at Patrick.net.
Other terms from the dictionary:
NEOs (negative equity "owners"): "Homedebtors who owe the bank more than what their property is worth.
Sheeple/Sheople: "Derogatory term for the vast, clueless, herd-following mass of homedebtors ...who have no idea of the ass-pounding they’re about to receive."
Torschlusspanik: "The panic a crowd has of a door slamming in its face. Prospective homebuyers/sheeple have this feeling very frequently."
Pergraniteel™: "Pergo fake wood floors, granite countertops, and steel appliances. ... An amalgamation of today’s most popular home 'improvements,' which supposedly allows sellers to command a 200% premium above what they paid for the place."
Jingle Mail: "Term coined by early bubble prognosticator Bill Fleckenstein, referring to homeowners who have 'mailed in the keys because they can’t make the payments and no longer have any equity in their homes.'”
HaHa: Patrick.net’s monetary base unit of measure. As defined by Randy H:
For current purposes, 1HaHa = USD 150,000. The precise definition of 1HaHa is 3x national median family income, for which HaHa (after which the unit of measure is named) stands as a reasonable substitute.
More about Killelea and "bubble blogging" in this San Francisco Chronicle article.
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