Showing posts with label oil bust devastation looming in Texas. Show all posts
Showing posts with label oil bust devastation looming in Texas. Show all posts

Monday, December 8, 2014

Abandoned Homes In Lubbock, Texas-- A Continuing Saga

Although if oil prices keep plunging Midland and Odessa will be FULL of abandoned homes. Some of Lubbock's most ritzy and exclusive neighborhoods, where the houses are more like castles, will probably be vacant and decaying. Oil money comes and oil money goes. And I can't say that I have any sympathy whatsoever for oil business types. 








My wife and I looked yesterday at a house for lease that was in such awful shape, only crackheads or fratrats would consider living there. Somebody actually expected to make money out of that derelict! Where there is greed, there is hope. You've got to admire the ambitious dreams of aspiring slumlords. Probably, his daddy and his daddy before him were all slumlords. Tradition!