Last Week's Biggest Sales

The Twat said: "Dave, 11233, Biff and Wasder you are looking real fucking stupid right now. You are losing the war."

Twat, the only person conducting a "war" here is you. I for one am about to settle down into a very tranquil period in my 40's where I live in two floors of a spacious federal townhouse, work out of a home office in my parlour floor and raise two lovely daughters with my beautiful wife. I regret that you have no people in your life that make you feel good about yourself but it is a shame that your hideous loneliness and jealousy are free to run rampant over everyone else's thoughts and comments. whatever war you perceive as being waged in the streets of Brownstone Brooklyn is one you will inevitably lose, mostly because how can you win something that is only in your head, you nutty loon.

Posted by: wasder at September 9, 2008 1:15 PM

Dude, that was your lamest comeback ever. Ticks cause Lyme disease by the way. I would steer clear of them.

Posted by: wasder at September 9, 2008 1:36 PM

Notice he doesn't deny being bitter, lonely or hateful.

Posted by: wasder at September 9, 2008 1:47 PM

Troll---you are way behind on this one. Biff is on it. October 16th is doomsday. What has agreed to take us out for drinks on the 17th if it doesn't come to pass.

Posted by: wasder at September 9, 2008 2:11 PM

TWAT--The deal was a complete collapse of our banking system by October 16th we buy you drinks (from the grave because apparently we will be dead by then). If a complete collapse of our banking system does not happen by October 16th you buy us drinks. Don't tell me you are reneging on your promises and being inconsistent?

Twat--if you seriously think I want to have a drink with you you are more pathetic than I thought. I am merely trying to point out what an idiot you are in the starkest terms possible.

Posted by: wasder at September 9, 2008 2:24 PM

Better make it the 17th to be on the safe side.

Posted by: wasder at September 9, 2008 2:34 PM

DOW--could you please restrain your other half for the rest of the day. He is in especially tedious form.

Meanwhile, what point are you making with this article you have linked to?

Posted by: wasder at September 9, 2008 3:21 PM

Also, I think that if Brownstoner could ban TWAT he would do so. I know that some people say no publicity is bad publicity but TWAT makes a this site hostile and unpleasant which can't be a good calling card.

Curious to know whether Brownstoner has tried to link DOW and The What through their IP addresses?

Posted by: wasder at September 9, 2008 3:26 PM

And DOW could you please explain the import of your moniker for me. I call you DOWhat (though I am on a moratorium from that) because I strongly suspect that you guys are the same person. I call What TWAT when I am referring to him singularly because he is one. Underwasder obviously references under water, but how that relates to me is unexplained. Do fill me in. Thanks.

Posted by: wasder at September 9, 2008 3:29 PM

All right then. Let me be more specific. Why are you linking to an article about foreclosures in manhattan here on a thread about Brooklyn home sales?

Posted by: wasder at September 9, 2008 3:57 PM

DOW--I have noted that you are polite (for the most part) when you post, and I have refrained from calling you DOWhat for the last week or so, though by no means am I convinced that you are not the same person (I am giving you the benefit of the doubt). Any time you write something that doesn't include the phrase "I am in your head" or some other What-ism I attempt to answer with some form of decorum.

So whatever unpleasantness emanates from this site doesn't start with me.

Now to your points---Of course I think that Brooklyn will get hit harder than Manhattan in foreclosures. We have already gotten hit pretty hard and its likely to get worse before it gets better. Your article however told me nothing new and nothing that seemed particularly relevant to this discussion.

If you are "having fun" with names you could explain the derivation of your name for me. I would appreciate it.

Posted by: wasder at September 9, 2008 4:26 PM

Denton--I know its obvious linguistically but if I am in a position where I am comfortably making payments to a house I plan to own for the long haul, how am I under water? I have nothing (I repeat nothing) currently invested in the stock market so that line of reasoning is out. I just want him to say it, especially since he's having so much fun with it.

Posted by: wasder at September 9, 2008 4:38 PM

"Question is, who will he emerge as next...stay tuned!"

I expect a Buckfast sighting pretty soon. Buckfast McWhatstein is What's nephew from Lodi.

Posted by: wasder at September 9, 2008 4:39 PM

Chicken--good points. There are several people here who are bearish and civil. I am neither bearish or bullish but rather somebody who is trying to make a house for himself in a challenging time and environment. I don't like getting threatened with sodomy for that so the What (and his associated sockpuppets) pisses me off. That being said, I would like to know what you mean by "I would rather take the What's position based on what I think is important in the world" means. Please explain if you wouldn't mind.

For me what is important in the world is to have a good lifestyle with my family. I am not in real estate as an investment but as a necessity. I try to see both sides of the story. I just happen to enjoy giving the massive TWAT a tweak from time to time.

Thanks for speaking up.

Posted by: wasder at September 9, 2008 5:24 PM

chicken--I think you overstate the case by saying prices will come down half, but certainly we would all seem to be in agreement that prices still have a ways to fall. I guess I am one of your "transaction marks" but I don't mind. I got a good house at a good price and certainly benefited at least somewhat by the price cuts of the last year. I have a business that I will run out of one floor and with one tenant I will be in fine shape no matter what happens to prices (the beauty of a fixed mortgage).

What, this was easily your worst day ever. How can I be pwned if I can make my payments and I am enjoying my house.

DOW--you are in danger of me breaking my moratorium with your 10:47 post. You can't laugh at your own jokes.

Posted by: wasder at September 10, 2008 7:54 AM

You've hit the nail on the head chicken--one cannot purchase (or time) happiness. This is the reason that the economic determinists on here have an overly simplified way of reading the situation. While we all agree that the underlying fundamentals in the market are weak right now, the ones who say that it is all a matter of time and logic that prices should come down by whatever percent don't take into consideration the personal circumstances of the buyers on the market. We all can't act in lockstep to force the market to do one thing or another. One person's transaction mark is another person's castle.

Posted by: wasder at September 10, 2008 9:25 AM

I have to back up Biff here. He and Dave can be found all over this site using it in the manner that it is intended for: discussing Brooklyn real estate in a civilized manner. There is only one person (and his associated sockpuppets) who is causing the dischord here. You won't find anybody else needlessly insulting everyone and else.

Also, Biff is correct in saying that he has never called for the Twat to be banned.

Posted by: wasder at September 10, 2008 12:55 PM

11233--I was in the exact same boat and argued with my wife about buying in Bed Stuy before we settled on the house we did in Clinton Hill. For me knowing I will have no problems making my monthly payments was the first and foremost consideration. Buying a 600 or 700K house looked pretty appealing, especially when it was only a mile or so from Clinton Hill where I wanted to live. In the end being walking distance to the things that we as a family frequent was my wife's line in the sand and I don't blame her. I am lucky to have a professional circumstance that allows me to use a chunk of the house as my office and therefore the affordability aspect of the equation is taken care of. But interesting to hear someone else's deliberations on the same circumstance.

I completely agree with you about the personal nature of house sales that are outside of the speculator/flipper world and responded similarly to the chicken above. It is too simple to broad economic pressures as the sole determinant in house prices go. Life always goes on and many people will always want to own their own home.

Posted by: wasder at September 10, 2008 1:07 PM

No worries Biff. And check out the Twat's new "doomsday" marker in the the Weds links thread (you are mentioned).

Posted by: wasder at September 10, 2008 1:21 PM

11233--Yes conversation that is reasonable and attempts to look at both sides of the story is quite necessary. Despite Twat's attempts to disrupt this process it generally works pretty well here. What I don't understand about TWAT's thought process is this--even if all the banks go under, the people who have bought the houses they have bought are not going anywhere. Clinton Hill, for better or for worse, is now occupied by a new generation of home owners who will be here whether he likes it or not. Especially if prices collapse and folks can't get what they want for their houses--all the more reason for people to hunker down for the long haul.

So, TWAT, in your mind what is going to happen to people like me when the banks all collapse? I have a mortgage I can afford and a house that I like. Why am I going anywhere?

Posted by: wasder at September 10, 2008 1:36 PM

As much as it looks like we made opposite decisions in the location v pricing decision, I consider my decision a compromise between the two. Depending on where 11233 lives it could be within a mile from where I bought. Plus I bought the cheapest house in Clinton Hill that I saw anyway (or at least the cheapest one I could imagine living in), so price was definitely a big part of my consideration.

In re your analysis about prices, are you saying that if house prices remain flat over the next decade while real wages go up that you are considering this a price cut? I get how it is in real terms a price cut but just trying to make sure I understand where you are coming from. Because I suspect something like that might happen for the next few years in Brooklyn real estate.

Posted by: wasder at September 10, 2008 3:47 PM

Dave--you better work on that stoop!

11233--my new house is in the southeastern corner of Clinton Hill. Lewis Ave is probably no more than 1.2 miles from me.

Posted by: wasder at September 10, 2008 4:39 PM

Twat, to give your post more thought than it deserves, I would reiterate my question from earlier in this thread. If all of this doom and gloom comes to pass and we are in fact in Depression 2, why would that make us leave the homes we have bought? Yes it would be a drag, and yes the value of people's homes will have collapsed but folks still have to live somewhere. So despite your cackling you will still have us as neighbors. So what is the point of your ranting? To make everyone feel worse about the situation, plain and simple. Nice gig you have carved out for yourself.

Posted by: wasder at September 11, 2008 8:25 AM

And it would seem that prices collapsing would actually make it even more likely that people would hunker down and not sell given the fact that they won't get the price they need to break even. So we are here to stay dumbass>

Posted by: wasder at September 11, 2008 8:29 AM