Saturday, July 12, 2008

Stupid People: They're Everywhere

Money can't buy common sense. That's for damn sure.

This house is for sale.

Photo credit: Alan Zale/New York Times

By the time Stan and Dorothea Cheslock moved into their 26,000-square-foot dream house on 30 acres here, they were already dreaming of getting out.

“We kind of knew even before the house was finished that it was too much house for us,” Mr. Cheslock, who made (and lost some of) a fortune in finance, explained the other evening as he showed a visitor around.

Hey, the next time you aren't sure about something of this magnitude, give me a call and I'll advise you for about $150,000 and save you the hassle of realizing you made a multi-million dollar mistake.
The Cheslocks, who sold their previous home in Greenwich for $12 million, bought the property for $7 million in 2000, spent nearly $14 million and four years building the house, and put it on the market in 2006 for $31 million. No takers.

Here comes another konagod boo-hoo moment. Damn, where did I leave my compassion? It was here yesterday!

These people are emtpy-nesters -- the kids are grown. It's just them! The house has a terrace that's bigger than my entire house, and sometimes I think our house is a bit too big for two people. And their annual maintenance cost is more than we paid for our house.

And if you're thinking they learned a valuable lesson from this experience, think again.
They have not decided where to move next — just that it should be smaller.

“I would be happy with 3,500 square feet,” Mrs. Cheslock said.

“I would need 7,000 square feet,” said her husband.

He would NEED 7,000 square feet???

Stupid people are everywhere.

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