All Too Top Drawer
This is a charming site to be sure. I wonder though that the theme of real estate might be a bit chancy. I’ve worked on mortgage bond trading desks for 16 years, and we in the biz are pretty sure there’s something downright approaching The Great Depression in our midst. Those massive price collapses in the rest of the USA are slowly creeping toward New York City – with Manhattan looking like the epicenter of a massive crash. I’ve always liked visiting Brooklyn, a somewhat saner life than Manhattan…but I suspect the ‘Good Times’ are a comin to an end. How long before the credit panic finally eats into the local real estate market? I had a broker in Manhattan try to sell me a studio for $600,000 that the owners only bought 3 yrs ago for $375,000. It was a man & wife. Like, I’m really going to give these gentrifying shits $225,000 just for making monthly payments on their mortgage. Well that’s been almost a year ago, and the price cuts haven’t moved it. Sounds like San Diego to me… ta ta.
