Who's Gonna Buy This Stuff Now?
We can see how a few naive souls might have been induced to buy this type of thing back when the market was frothing but, seriously, who’s going to step up at this point in the market? Are these the squats and crack houses of the future? $645000 DON’T MISS OUT!!! Crown Heights [Craigslist] $799000…
We can see how a few naive souls might have been induced to buy this type of thing back when the market was frothing but, seriously, who’s going to step up at this point in the market? Are these the squats and crack houses of the future?
$645000 DON’T MISS OUT!!! Crown Heights [Craigslist]
$799000 New Construction 3 Family! Bed Stuy [Craigslist]
$699000 New 3 family 3/3/2! Bushwick [Craigslist]
Brokers underpricing homes is extremely rare…But if they do trust me it’s for a reason. Some just want to spark a bidding war.
Corcoran Marketing Alert!!
Price Chop at the Luxurious *KraKondos*
Extra external ConEd meter and Fedders cover for the first three buyers!!
Don’t Delay!!
fake what alert.
b-stoner – there are many other optional uses between sale and squatted.
They’re all multiple family, so at a price that makes sense given the rental income, they’ll sell. Believe it or not, there is a market for new construction with parking, with rental income. Probably not at these prices, though.
Nanook, we happen to live in a former crack house, and it’s not in any of the “over priced” neighborhoods you mentioned. This post is supposed to express concern for the neighborhoods that got the brunt of this cheap, ugly construction during the building boom and now are going to have to live with it. Who’s going to pay $600,000 or $700,000 for one of these when there are plenty of beautiful housing stock in neighborhoods like Crown Heights, Bed Stuy and Bushwick? And if no one buys them, then, yes, they are at risk of becoming squats or crackhouses. No neighborhood deserves that.
Thanks Bill, but please know I am not a sensitive weirdo who is easily offended. I read the post and thought if these homes were in nicer neighborhoods, the term future crack houses would never even come up. Yeah, they are very ugly and then one in Bushwick is (unfortunately) on my street. I walk by and frown when I see the tacky construction, but I’d never associated crack with it. Yes, it was a joke, but I didn’t laugh.
Johnny, I almost always agree with you but saying all brokers try to underprice sounds very far-fetched. Although there’s no question there are times, with the seller’s consent, they will underprice to create interest and hopefully a bidding war (at least in the good old days of 2001-2007).
(Oh, and it’s Linda Richman)
“his is what happens when there is no landmarks and oversight!
as big a headache as it is… it protects some neighborhoods from this problem.”
No Asshat, it’s morons wasting capital on this crap! When the price of the garbage was going up no one cared. Now the market is tanking now we have a problem.
“I know these neighborhoods are shocking for your white laced eyes, but please note, we can’t all afford to live in your white over priced yuppie neighborhoods: Carroll Gardens, Boerum Hill, Park Slope, etc…You should be more responsible with your words.”
Nanook, this the place for covert race/class warfare. Just get used to it and be glad some of these Asshats like in the Ghetto too. They are just paying o’lot more!
“Nanook…you need to lighten up yourself a bit. Try to figure out when a comment is serious and when it’s just a snarky joke.”
Look whose talking! Mr. Kotex himself. How in the hell you going to tell some to lighten up when their neighborhood is being trashed by out of town Asshats?!
“Crack houses only move into neighborhoods that allow them.”
Ignorance know no bounds. To all the newly planted. There has been no “Crack Houses” for years. All operation are conducted in the street. Crack houses are a relic of the 80’s!!
For your viewing pleasure, This is what happen when you Government and Financial Markets is Hijacked!! This is going to happen to America so better get prepared!
http://www.itulip.com/forums/showthread.php?p=41130#post41130
The What
Someday this war is gonna end…
Nanook, I can appreciate your sensitivity, but all nabes take their lumps here, including Brooklyn Heights with recent multiple threads on the HoD (multiple threads). I also thought the jokes about the white collar dads having one stop shopping with the new Parole Facility next to St. Ann’s were pretty funny too.