You Know The Economy is Bad When…

Posted on September 10th, 2008 - By Bossip Staff

Categories: News, Sports

Posted by Bossip Staff

Niccas are selling their cribs for less than what they paid for them YEARS ago. Click Here to read up on how A.I. is unable to sell his house due to the recession.  He reduced the price by 37% and is still getting no traction.  SMH.

  • FineAsWine

    Its a recession!!!!!!!!!

  • FineAsWine

    1st by the way ;)

  • Lady elle

    Has anyone seen the size of his pool?

    He lived in Philly, so the pool will be used 3 months out of the year tops…..

    Not worth the maintenance.

    People should think about things like this before purchasing but in his defense he was young, he could have paid more for it.

    Hopefully he’ll get a buyer soon. He may have to take it off the market and wait it out a while.

    damn

  • Aunt Viv

    Times are hard all around, so not much sympathy here sorry AI.

  • NEWbagNcoupe

    I’m from Philly and those people in his neighborhood never like him , so they persuade new residents not to buy that house . It’s overly racist in that area. Word around philly is that it been on the market for 3years and they only have one buyer to look at it but more then 30 houses were sold in that area since his house was up for sale . Some of the houses sold for more $$$ and less $$$

  • WordtotheWise

    Sorry, Charlie, but that’s the way of the world.

  • OhF@ckThat!!!

    I glad the recession is getting everyone out of the bling bling era!!!! People have to start being more practical.

    Everyone is admitting this except for a few people still putting on heirs…..

  • Lady elle

    @ NEWbagNcoupe

    you are right about that some of those areas are racist as heck…

    :(

  • Kesha: (I BLEED BLACK-N-GOLD) Its just one of THOSE days…

    Screw his house, i’d buy AI! I think he is one of the sexiest muthatf*ckers on the planet and that neck of his with that tat, lol! He could get it twice in the morning, twice at noon, twice at night and twice during the night!

  • SMDH

    “He could get it twice in the morning, twice at noon, twice at night and twice during the night!”

    LOL!!! I feel you!!

  • Official TimeHater

    “Sep 10, 2008 – 1:21 pm Kesha: (I BLEED BLACK-N-GOLD) Its just one of THOSE days…(Check me out!)

    Screw his house, i’d buy AI! I think he is one of the sexiest muthatf*ckers on the planet and that neck of his with that tat, lol! He could get it twice in the morning, twice at noon, twice at night and twice during the night!”

    _______________________________

    You ain’t NEVA LIED! I need to trace that neck tat with my tongue..

  • Oshie

    Neck tattoos = success.

  • always knew

    @EVERYBODY WHO CARES TO READ

    If you have more coming in, than you spend going out, you’ll always have a surplus. Start saving small, invest in your own 401K, start your own ish..The markets will always fluctuate, but if you have daily cash flow vehicles (businesses, ventures, side hustles, etc) it’s a buyers market, buy low, hold for a few years, then sell when market regains, rent out in the mean time, so you still always have more coming in. Always own the property right out, start out with those HUD homes and foreclosures, DEEP discounts, use them to get yourself, to the next level, say goodbye to your boss, and most important, be true to you, your time is your own and you will not see a recession.Live within your means. (Always have a rainy day fund.), you still won’t hurt, no matter what happens, you’ll only grow..triple your net worth within 5 – 10 years, I guarantee it. We need to stop being victims up in this piece. Yeah, working for a paycheck is good. But my friends, we need to get wealthy. Then maybe we can concentrate on the more important issues, like improving our communities, outlook and expectations of each other and those around us. I would like to see everybody in first class……..

    _________________________________________________

    AI ain’t hurtin for any cash, he still playing ball right? Anyway, when you live in areas, that they really don’t want you in, it can be really difficult to unload the property. They do various things, to make buyers disinterested…Too bad, he’s going through it…

  • Miss Theo

    With his contracts and endorsements, AI has to be worth at least close to $200 million at this point in his career (that is NOT an exaggeration), so I think it is safe to say that he is not hurting in his wallet. But it is an inconvenience not being able to sell your house…

    And also agree with “Kesha: (I BLEED BLACK-N-GOLD) Its just one of THOSE days”… I’m with ya girl…i’d buy AI too. LOL!! I’m usually not into the “thug passion” types, but he is just too fly… just ridiculous. SMH

  • Lady elle

    he does have beautiful lips….

  • chaka1

    I am in the market to buy a house now and it isn’t easy because the prices are so overinflated and people are refusing to be reasonable. House prices are falling every month. Buyers know it and are holding on their cash. Sellers need to recognize that they are going to have to take a loss in they can’t keep up with the payments. Keep dropping those prices…

  • NEWbagNcoupe

    I agree those lips ARE the business. I guess that’s why TAWANNA a$$ stay pregnat ! Does anyone know when their 5th child is do ?

  • Lady elle

    @ chaka1

    be patient give it 1 year tops, watch how the prices will drop.

    or look at places already in foreclosure…..good luck to you

    homeowner to be

    :)

  • Lady elle

    jsut remember no adjustable loans and have a good down payment.

    make sure that credit score is up to par.

  • intenzemocha

    this man aint going through what many home owners are dealing with-it has nothing to do with him specifically it’s the economy-

    duh anything to grab bloggers attention…..

    what could he possibly do about what’s happening in the economy right now?

  • http://tia@tiamia.com TiaMia

    He can dump his baby momma and live in my crib lol He can pay the mortgage too.

  • Suga Mo

    FFFFFFIIIIINNNNNNNNNNNNNNNNNNNEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • kai

    real estate and shares are the things to buy now…not to sell…

  • http://www.myspace.com/forbiddensecret1 Yoooo

    One word… FINE!

  • AfroCubana

    Winter is coming! Get your energy/heat assistance now. Save your money, get money, give back Peace.

  • keyboo

    poor baby, he fine as all hell tho

  • Flawdagurl came along ways and is still going{Just bought her 1st townhome}

    OMG I was just about to ask who he was b/c I didn’t feel like reading the whole thread. He cut off his hair? Damn i need to keep up…not really but damn!

  • http://aol Shaqwandalinah

    Maybe when Barack gets elected POTUS (probably never) he can get the govt to purchase this niccas crib without him taking a loss. Barack promises everything to everyone ! WTF

  • JJ

    Man, he ain’t got problems, you call that problems, man boo!

  • who need to know

    AI currently live in denver. He was traded over 2 yrs ago from philly. He ain’t hurting, he make $20 million a year since 2003 on his NBA comtracts alone. He also signed a lifetime reebok endorsment deal worth $5 million a year. I don’t think he selling cause he need the money.

  • Nikol

    Yessss.. Those lips are Xtra Special! Bein’ here in Denver I gets to see them First Hand! But about the house.. Nah, I’m sorry.. Can’t focus on his house issue, he too fine to change the subject! lol . .

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