Quote of the Day
If wanting to pay a reasonable price for a home somewhere within a 40 minute commute to my place of employment makes me a loser and a “tool bag”, then I’m happy to be a loser and a tool bag. I’m sorry for all the people who are losing money on their home values right…
If wanting to pay a reasonable price for a home somewhere within a 40 minute commute to my place of employment makes me a loser and a “tool bag”, then I’m happy to be a loser and a tool bag. I’m sorry for all the people who are losing money on their home values right now, but those of us in careers other than banking, medicine and law would like to own our homes, too.
— by cwbuecheler in Has the Buyers’ Market Come to Brooklyn? Duh.
People can’t be expected to commute from ocean parkway – thats madness.
Jackson Heights is lovely! You’ve clearly never been there to suggest otherwise.
They call it the Park Slope of Queens.
And it IS!
You can get a 2 bedroom in Jackson Heights for 200K.
– that’s not affordable if you’re working class and single. ugh i need to find a boyfriend L:(
-r
Don’t put words in my mouth Biff Champion. QOTD has been awarded by Brownstoner and DOW doesn’t get a vote. He can’t nominate someone else once QOTD is up.
It’s like Sarah Palin trying to continue to add her 2 cents worth after she’s lost.
BIff is always deadly serious when it comes to QOTD.
Stoner should start a “bon mot of the day”. Biff would get that most days.
Oh come on, 11217. DoBro is the bomb diggity and we are at the top of an unprecedented run-up in prices that will likely be mirrored in the downturn (at least that’s the way I see it). Why not pursue an opportunity of significantly lower prices? Who the hell wants to live in Jackson Heights of all places? Even the outskirts of Brooklyn are not favored by most on this blog. Brooowwwnnnstoner.com!
CW – we’re joshing…but don’t tell anybody.
I agree with you. I don’t know what the average income is in america, but Hubby and I make a very decent living and I feel so poor. NYC is a money trap.
BTW – another tip. Be a ham about this moment in time, because it is fleeting. YOU ARE QUOTE OF THE DAY!! Remind people very opportunity you get that you had this honor.
QOTD a fair statement but I can’t see how things will work that way. A rising tide floats all boats and sinking one lowers them all also.
If Brooklyn property drops by 50% it won’t mean that people, who needed twice as much money before, to buy a home, now will be able to. Not if we are looking generally at subsets of people.
The very action that brings about such a change will cause fairly equal pain across all homeowners and renters. Yes some people will be forced to sell houses to others that have the money to buy them… but there is not going to be a wholesale handover of houses by people with them, to people without them. This is not a matter of everyone getting a turn at owning a “home somewhere within a 40 minute commute to my place of employment”. That can’t happen because there aren’t enough houses. The way our society has determined this works is that those with the money get the house.
Transfer from Asshat to Asshat … so to speak ïŠ Sure individual circumstances benefit individuals… the well documented case of Miss Muffett, for example. But the theme of letting the underdog have his day is BS … everyone is getting hurt.
DOW, I think with DIBS refers to someone else’s post as being in poor taste, it’s pretty safe to assume he’s kidding.