Because of the mortgage crisis that
peaked late 2008, early 2009, I've decided to teach
the students about what happened. Obviously, everything
started from great mortgage offerings from banks,
allowing usually unqualifying persons to have title
to a home with no money down and a monthly payment
equivalent to their rent check. Due to the buying
frenzy, people began to buy homes for the purpose
of improving them in order to sell them at a profit.
I explained to the students that a lot of people
made a lot of money renovating homes. I also explained
that those people who jumped in the game too late,
or those that got too greedy, ended up losing a
lot of money. When the students are old enough to
own homes, the opportunity may present itself again.
Taking this into consideration, and improvising
with a bit of fantasy, each student is Pimping their
Pad.
Using the process that I personally
use for home remodel design... a process that I
learned on my own, and that perhaps none other uses,
the students increase the value of their home by
designing an addition/intervention for it. More
space, more bathrooms, a game room, a second floor,
etc... whatever the student wants to do.
In order to create the curriculum,
I decided to participate in the project as well,
so that I can offer them a process to follow. For
my project, I chose the home of a friend of mine
in Pacific Beach.