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If a certain bank analyst is to be believed, New York real estate has a long way to go still before reaching bottom. A Time article earlier this week cites a Deutsche Bank report predicting that housing prices in the New York metropolitan area will fall 40 percent from their March levels. The major driver of the bank’s estimate is an affordability index that shows New York is still relatively a very pricey place to shack up.
New York Home Prices Forecast to Drop 40% [Time]
Photo by tomodea


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  1. brickoven…if you’re login has anything to do with liking pizza you better get your sorry ass over to Saraghina at the corner of Lewis & Halsey in Bed Stuy. One of the best pizzas in all of Brooklyn. It’s a real brickoven and it’s fired with oak, not gas. Opened two weeks ago.

    He won’t sell takeout because he believes the customer won’t be as satisfied with the crust after he gets it home as opposed to when it comes right out of the brick oven. He’s probably right.

  2. Exactly, this is why we know for a fact dibs is an idiot. Buy Now or be priced out forever! He’s still using this line LOL!!!!

    “Plus the house will probably begin to increase in value above what I paid in 3-4 years.”

    …THIS IS YOUR BRAIN ON DRUGS.

    ***Bid half off peak comps***

  3. Who the hell wants to live in Chelsea?? Now you’re being absolutely ridiculous brickoven. 🙂

    I haven’t gone to a bar to pick someone up in over three years. There’s a plentiful supply of great guys online and I don’t mean craigslist. I’ve got more than I can handle and that doesn’t include the ones I pay.

    BTW, I don’t pay for sex. I pay for them to leave when I want them to leave. Paraphrased from Charlie Sheen.

  4. Peak minus nineteen percent (latest NY Case-Shiller reading) minus another forty percent (above prediction) equals negative forty-nine percent. Wait a minute! That’s almost half off!

    I was about to sue these deutchbags.

    ***Bid half off peak comps***

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