A Room with a Bilge

Sink or swim.The mortgage crisis be damned. I just received a press release that offered ?a taste of the many real estate options available to you, the multiple-home owner.? The editor of LuxuryLife newsletter is pimping The World, a 12 deck ship replete with 165 private residence options, seven restaurants, a spa, golf (using biodegradable golf balls when one slices into the sea), a theater, casinos and night clubs. Oh, and there?s a jewelry shop when one gets a hankering for diamonds while in the middle of the Pacific. The best part of the release, however, is the name of the company proffering this lux-life meets Waterworld condo complex ? ResidenSea. Seriously, a pun? One would think the boat?s backers could have hired a more creative marketing team. One wonders what they would call those landlocked in foreclosed homes ? lost at bankruptsea? Whatever floats your boat.

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