“Bolus Of Hope” [‘Vancouver RE-Verse’; Found Poem]

For those who have experienced
a failed startup,
each week it’s like watching
a perpetual photocopy of reality,
all in the name of perseverance
and “stick-to-it-edness”,
aided by a bolus of hope.

How many homeowners have awoken
covered in sweat at 4am
and realised,
as clear as day,
they are beyond any hope of recouping their investments.
That’s a sobering moment, and,
perhaps in a fit of irony,
is more often than not elicited
in a dream-like state.

– jesse, at VREAA 17 Nov 2011

A post in the very, very occasional ‘Vancouver RE-Verse’ [Found Poems] series.
Poems are completely unedited but for layout.
Prior examples here.

17 responses to ““Bolus Of Hope” [‘Vancouver RE-Verse’; Found Poem]

  1. Wow. Very beautifully written, and so true.

  2. Renters Revenge

    “How many homeowners have awoken covered in sweat at 4am and realised, as clear as day, they are beyond any hope of recouping their investments.”
    What kind of community is this going to be when suddenly a whole lot of homedebtors DO realize their own financial hopelessness?

  3. How many bears have awoken covered in sweat at 4am and realised, as clear as day, they are beyond any hope of homeownerships. So fantasizing a crash they are!
    Nice poem though but it works both way.
    Happy Holidays and please, dont drink and drive!

  4. A poem of desperation. You can buy if you buy in the outer burbs

  5. “So fantasizing a crash they are!”…

    Well, it’s not poetry…. but it’s very Yoda.

    “The fear of loss is a path to the DarkSide!”

    http://tinyurl.com/5w59vv

  6. Fred -> “How many bears have awoken covered in sweat at 4am and realised, as clear as day, they are beyond any hope of homeownerships.”

    This is a different kind of sweat.
    It’s one thing knowing that one will have to continue to rent, or have to move; – it’s another thing entirely to realize that you have lost your entire life’s savings, have a net-worth less than zero, and are trapped in a substandard home which is destined to continue to drop in price.
    The first is the sweat of considerable inconvenience; the second is the sweat of a lifetime hobbled by a single massive financial mistake.

  7. North Koreans are celebrating… groovy style!

  8. http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/record-high-household-debt-in-canada-triggers-alarm/article2269210/

    I think this link has been posted, but they did a little Q&A with Rob near the bottom. A lot of anecdotes and a lot of eye opener situations within those questions.

    • CanuckDownUnder

      His housing advice seems a bit iffy even though he admits there will be better times to buy in the next 12 months or more.

      “A house is good debt, basically speaking, because it will appreciate over the long term and provide you with a place to live.”

      “As to your second question about whether now is a good time to buy, anytime is an OK time if you can cleanly and comfortably afford to own and you plan to stay in your home for roughly 10 years or longer.”

      • “good debt”

        …and bad debt. I love how everything is so black and white. Maybe part of a debt can be good and part of it bad. In some circles they call that a “haircut”.

      • He should have said 10 years or longer assuming no deflation. The US buyers of 2003-2008 will not be ok 10 years later. The Japanese buyers of 1987-1994 are not ok 20 years later. Good luck, Canadian buyers of 2007-2013.

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