Dog Days for U.S. Housing; Is NYC Next?
The Times is talking doom and gloom about the national housing market after stats were released showing that home prices fell 14.1 percent in March as compared to the same month last year. While primo New York City—Manhattan in particular—has remained mostly immune to the rest of the country’s housing woes, other once-resilient markets are…
The Times is talking doom and gloom about the national housing market after stats were released showing that home prices fell 14.1 percent in March as compared to the same month last year. While primo New York City—Manhattan in particular—has remained mostly immune to the rest of the country’s housing woes, other once-resilient markets are faltering. Seattle, for example, has only started posting a huge rise in unsold inventory. Some say the housing market hangover could last for another couple years. It’s like eating beyond your stomach’s capacity, said Ronald J. Peltier, the chief executive of Home Services of America, which owns real estate brokerage firms across the country. We have huge indigestion. According to an article in the Observer, though, New York City may yet have to reach for the Mylanta: Recent rises in inflation (the price of a six pack of craft beer is up $1!) and crime, coupled with lots of job losses, could very well mean the worst is yet to come.
In Housing, the Strong Turn Weak [NY Times]
Lead Indicators? The Price of Beer, Hurricane Season [NY Observer]
Photo by bburke782.
“Stop changing the subject to Republicans when I am questioning you and your attitude.” You are kidding right? (sheesh! talk about lack of self-awareness) Did you not notice that all you did was repeat back my sentences? No axioms, no arguments, no bullet points- All you are able to do (and not very well) is make vague generalizations and attempt to use your much less than rapier wit.
If you have education and intellect it isn’t obvious from your posts.
logic suffers too, 8:12. If you aren’t a LL, you wouldn’t be so “pissed.” Stop changing the subject to Republicans when I am questioning you and your attitude.
Your attempts to call me smug and arrogant simply point to your own smug behavior and arrogance.
Take a second to look in the mirror.
I have the education and intellect. (That was a sad attempt to belittle me.)
What you lack is self awareness.
Class dismissed.
obviously “So please don’t try to analyze me or my politics- you haven’t got the intellect, nor obviously, the education.”
Typing suffers when I’m pissed.
No 7:47- you’re not 6:58 but you’re just as much a smug and arrogant know-it-all. Sorry to tell you I have as little to do with limos as possible and I also do not believe people- rich or poor- are entitled to “suck off the public teet” It’s the Republican Conservatives who have taught us all a lesson in how to suck up public money while hissing at Liberals, who certainly care much more about community, compassion and the welfare of the country. And that costs money- but not nearly as much as the cost of an unnecessary war in Iraq, sending jobs overseas, kissing the butts of the Saudis (because they are soooooo rich), or offering billions to developers for basketball arenas all the while trying to have us believe the community will benefit. What responsibility does Ratner take when he’s given all that money? None.
So pleasse don’t try to analyze me or my politics- you haven’t got the intellect, not obviously, the education.
7:07: Nice try to pass the buck. Not every Democrat thinks people should sit their fat arses in public housing all their lives and then raise children to suck off the public teet as well. You, however, were accurately described as a limo liberal. That is why you have such a reaction to the charge.
And no, I am not 6:58. (I know that is what you thought. You LL’s are so predictable!)
Like I said- ignorant racist. what- did you think no one on this blog knew what you meant? But as I said, be an ignorant racist.
Of course I can assume from your comments about my political leanings you must be a conservative. How quaint and repulsive- especially after 8 years of watching your ilk damage this country and take no responsibility for it. I guess you guys don’t mind bleeding money as long as you’re bleeding it out to your friends at Halliburton. Yep- the conservative way- take no responsibility, act like you’re entitled and pass that down to all your kids.
I never mentioned race – you assumed .. limosine liberal.
If they came for jobs, when the jobs left, why didn’t they follow? .. oh wait, here comes the knee jerk liberal response, its not thier fault, blame everyone else but take no personal responsiblity, be a victim and pass that down to all your kids too.
blah blah
Actually they came for jobs but if you’d rather sound like an ignorant racist, go right ahead.
4:58 , well if are not moving here for welfare and public housing NOW, they sure did for a good 50+ years.