What's Your Take? Leave a Comment

  1. dude – noriel roubini is negative 100% of the time. how much credibility do you give someone who is positive 100% of the time?

    i really haven’t seen anything perceptive in your multitude of bear regurgitations. we can all read the papers and watch TV.

    so are you always negative or do you always follow the crowd?

  2. I actually thought that was funny Dow and a good reflection of how a good deal of people on this site have a real hard time with objectivity.

    It’s also amusing how people are seemingly ignoring that article. You think it would make big news. I guess the old platitude is correct. We see what we want to see.

  3. Thanks, that’s a good little DOWhat. I’ll even settle for Ozymandius, if you care to transform into him now instead.

  4. I know, BiffDaveWasderDitto (BiDaWaDi! Perfect). I’m so boring. My other persona is much more talented and charismatic. I’ll do you that favor (Pssst! What! Take over.)

  5. Re: Manhattan Apartment Prices Fall [NY Sun]

    “Mr. Miller added that apartments all over the city, in different income brackets, are now posting declines.”

    Brooklyn brownstone owners/shoppers:

    Ignore this article. It has absolutely nothing to do with Brooklyn brownstones and apartments. (BTW, Manhattan townhouses are still making a killing and show no sign of slowing down.) If you own, do not sell. You will lose an opportunity to make tens or even hundreds of thousands of dollars! If you’re in the market, you better hurry up and buy. Otherwise, you’ll have to pay double by next year!

    They’re not making anymore land. Never mind the huge stock of unrenovated brownstones, these antiques are precious and therefore priceless. The thought of them losing value is absolutely asinine. Brooklyn RE (rents and prices) only goes up. You simply cannot lose. Forget about the jumbo mortgage market. Cash is everywhere. 50% downpayments for everybody! Brooklyn is the ownership borough!

    GDP is up! Never mind the stability of Fan and Fred. Never mind that FDIC is going broke. Never mind the NYC Case-Shiller Index remains in the red. Never mind Noriel Roubini. BUY BUY BUY!!!

  6. That was a scary article on the state of the NYC real estate market. How come no comments? Where is the What? Where are the uber-RealEstate bulls?

  7. With everyone taking about green this and green that, the TV shows, the write-ups all touting the newest and most technological energy saving windows that prevent heat transfer does it not occur to anyone to ask the building/builders before they buy how the windows that are installed are rated? That would be a really big deal to me. Especially since at that large scale they aren’t windows, they are walls.

    I wonder why I don’t feel empathetic for the 23yr old grad student that bought a 1.5M condo and is upset that the sun faded her 20K sofa?