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  1. Sometimes I wonder…Who is more detrimental to our high society living in Brooklyn? Bedford Ave hooligans who run street corners, or the Wall Street hooligans who may have destroyed total neighborhoods with their subprime scheme.

  2. less than one year? try less than 2 months. by november of 2001 the market picked up like no-ones-business and took off from there. all the experts (barbara corcoran, trump, and many others) were beside themselves with disbelief. i remember them telling everyone to “get out” of the market…sell your home or you are in trouble. and look what happened!
    i think the media has hyped the real estate market to an extreme. usually the wave is when the stock market is up the real estate market is down and vice-versa…i think everyone took a deep breath they will purchase and price to sell realistically and things will move forward (albeit on a straight path for now, but it will move forward)

  3. the fed is running out of bubbles to create

    dot com/ housing / oil/ gold

    what is next ?

    just let the market do what it will do

    and after alot of pain this country will be better off

    face it people these insane prices cannot

    hold

  4. I think todays anticipated “Plunge” and the ensuing bear market will help bring about more tax and economic reforms as the government scrambles to appear as though they are “Doing Something”. as a result we will hopefully end up with lower taxes and stronger economy over all.

    Remember the plunge and recession after 9/11. How long after tax cuts and stimulus did it take for markets to recover and the real estate boom commenced? Less than 1 year.

  5. well the people in brownstone brooklyn didn’t know this ?

    better hope the hooligans do not come to your neck of the woods looking for victims

    oh anybody check the dow futures this morning? they should do wonders for the overall real estate market.

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