“And the number of short sales, in which a home sells for less than the amount owed on the mortgage, will most likely continue to grow.â€
“The number of lis pendens filings — a first step in the foreclosure process for houses and condos — doubled in 2009 in Manhattan, to 724 from 334 in 2008; this year, 382 had been filed by the end of Juneâ€
“Short sales are happening and they’re all over the map…We’re seeing multimillion-dollar foreclosures and short sales that no one ever anticipated in New York City.â€
“A short sale is going to be the only way for many people who bought at the peak and who are now underwater to move on with their lives if they have to relocate or downsizeâ€
Weeeee alllll liiiiiive in a yellow submarine…a yellow submarine…a yellow submarine…
“DIBS — I am most definitely not in favor of a VAT. And I would be VERY much in favor of a flat tax. A REAL flat tax where the billionaires pay the same percentage of their income in taxes as the manager at McDonalds.”
And in fact, the tax rate for the wealthy will go DOWN with a flat tax. The guy making $250,000 or $3,000,000 or more probably pays somewhere between 25% and 39% income tax right now.
Be careful what you wish for. With a flat tax the people making the MOST will pay far less in taxes than they do now.
Lech, with regard to #10, when you open the door to get out, go out on the passenger side and lean into it hard (ie trying to bend the door hinges) and leave it open (so dude has to get out to close it.
Maybe poor people wouldn’t spend 100% of their income on goods and services if we had a VAT. I know I’m generalizing, but it urks the hell out of me to see some chick pushing a bugaboo stroller around the projects. Maybe I’m for this because I’m not a big consumer and will only make large purchases when I absolutely need to. I still have a tube television with no digital receiver. LOL
Etson — But that is suggesting “rational growth” connected to a reason, a purpose. That is not what Wall Street investors are interested in. They want growth for growth’s sake. Hopefully they will have sold their stocks by the time the company implodes or runs its course.
I would put more faith in business as at least they have got some skin in the game unlike our friends/foes in congress who have Mercedes benz health care plans and pensions plans to rely on.
Short Sale Shit Storm enroaching on Manhattan thus Brooklyn (townhouses too).
http://tinyurl.com/2cctenm
“And the number of short sales, in which a home sells for less than the amount owed on the mortgage, will most likely continue to grow.â€
“The number of lis pendens filings — a first step in the foreclosure process for houses and condos — doubled in 2009 in Manhattan, to 724 from 334 in 2008; this year, 382 had been filed by the end of Juneâ€
“Short sales are happening and they’re all over the map…We’re seeing multimillion-dollar foreclosures and short sales that no one ever anticipated in New York City.â€
“A short sale is going to be the only way for many people who bought at the peak and who are now underwater to move on with their lives if they have to relocate or downsizeâ€
Weeeee alllll liiiiiive in a yellow submarine…a yellow submarine…a yellow submarine…
***Bid half off peak comps***
“DIBS — I am most definitely not in favor of a VAT. And I would be VERY much in favor of a flat tax. A REAL flat tax where the billionaires pay the same percentage of their income in taxes as the manager at McDonalds.”
And in fact, the tax rate for the wealthy will go DOWN with a flat tax. The guy making $250,000 or $3,000,000 or more probably pays somewhere between 25% and 39% income tax right now.
Be careful what you wish for. With a flat tax the people making the MOST will pay far less in taxes than they do now.
it will be better for the overall economy though.
Lech, with regard to #10, when you open the door to get out, go out on the passenger side and lean into it hard (ie trying to bend the door hinges) and leave it open (so dude has to get out to close it.
Maybe poor people wouldn’t spend 100% of their income on goods and services if we had a VAT. I know I’m generalizing, but it urks the hell out of me to see some chick pushing a bugaboo stroller around the projects. Maybe I’m for this because I’m not a big consumer and will only make large purchases when I absolutely need to. I still have a tube television with no digital receiver. LOL
Etson — But that is suggesting “rational growth” connected to a reason, a purpose. That is not what Wall Street investors are interested in. They want growth for growth’s sake. Hopefully they will have sold their stocks by the time the company implodes or runs its course.
I would put more faith in business as at least they have got some skin in the game unlike our friends/foes in congress who have Mercedes benz health care plans and pensions plans to rely on.
Arkady, welcome back. My sincere wishes for a quick recovery.
Top 10 daily annoyances in NYC:
1. People holding open subway doors.
2. People who stand (rather than walk) on the left side of the escalator.
3. Tourists who choke up traffic on the sidewalk when they stop and gather around a map or somthing.
4. People who stop in the subway entrance to finish a cell phone call.
5. “Not in Service” going by when you’ve been standing on the platform forever.
6. Leg spreaders on the subway.
7. European tourists in stupid sunglasses and tight shirts standing in line in Battery Park for the ferry to the statue of liberty.
8. Crosstown traffic.
9. The 4/5 during rush hour.
10. Cabbies who pull the “I’m off duty” bullshit when they don’t like where you’re going.
DIBS — I have a standard retirement fund… but I think you’re missing my point.