Buy a condo. Lose your job. Don’t worry about making the mortgage.

By Barbara Kiviat | March 27, 2009 | +

As part of my ongoing effort to give publicity to interest in companies selling people things contingent on those people remaining employed, I’d like to call your attention to this Seattle Times story about a condo developer that will pay your mortgage for six months if you lose your job. Probably has something to do with the fact that the new building is practically done and none of the 109 condos have sold. Ah, real estate market.

So, now we’ve got Hyundai, JetBlue, a Seattle condo builder. I wonder if there are other examples…

Barbara!

Related Topics: Economy & Policy

@TIMEBusiness

Latest on Business

Airlines May 22, 2012

Senate Approves Hike in Airline Security Fees

(WASHINGTON) — A Democratic-controlled Senate panel Tuesday approved a $2.50 increase in airline security fees that would double the per-passenger fee for those taking nonstop flights.
From our Partners
Why Greece Isn't Leaving the Eurozone YetSlate

Weird-Mart: Tales of the Bizarre from the Walmart AislesDaily Finance
Tech Bubble Death Watch: The Facebook IPOHuff Post Business
Wall Street & Markets May 22, 2012

Stocks Rally Further in Run-up to EU Summit

MOSCOW — Global stocks enjoyed one of their best days in weeks on Tuesday ahead of a summit of European leaders that’s expected to be dominated by calls to boost economic growth.

Europe remains the focus of attention across all financial markets in the run-up to the June 17 Greek election that could go a long way to determining the country’s membership of the euro as well as the future of the single currency zone.