How many times have you actually experienced an idiom literally? Idioms are typically metaphorical in nature, but a home that recently sold in Florida is, for many, a blend of the metaphorical and the literal in terms of lingering anger from when the housing bubble burst.
As Bloomberg reports, a five-bed, four-bath home in the Orlando suburb of Lake Cypress Cove was valued at $2.7 million in 2006. Just last month the house sold for $433,000 after being left empty for seven years. During those seven years, the house underwent an interesting transformation.
On the outside, the house was painted a demonic crimson-red fit for Beelzebub himself while the inside was painted a black typically reserved for the emptiness of outer space. And on the back of the pool house, the smiling face of the devil was spray painted on the wall.
According to real estate advisory company Webbs Hill, one possibility for who trashed the home is a former resident, an individual who might have financed the home with the help of Wall Street before it was ultimately foreclosed. The resident, angry and seeing red, may have decided to use the once multimillion dollar home as his canvas, making sure everyone who looked at the house literally saw red and felt the anger he or she felt.
While there are 631,000 properties nationwide that are still in active foreclosure, that number is down significantly from the height of the housing crisis when over 5 million borrowers received notices and 6 million more had their loans modified to give them a better chance of being able to pay.
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