The housing crisis has affected a lot of people. If it wasn’t for houses and developers going into foreclosure, I wouldn’t have heard of this place. The Shire is located in Bend, Oregon. All the house are designed with The Hobbit and The Lord Of the Rings trilogy in mind. The houses and the development/subdivision are very pretty and would probably be a nice peaceful place to live. However, I don’t want to move to Oregon or pay 6 – 8 hundred thousand to live in Hobbit world and be Frodo’s neighbor. The entire development is going into foreclosure and may be auctioned off in December.