House of the Day: 1380 Dean Street
We like the looks of this four-story limestone house at 1380 Dean Street in Crown Heights. It started out last January asking $829,000, according to StreetEasy, and has just been cut to $775,000. It’s hard to make a guess about what something is “worth” while we’re in the eye of the storm, but suffice it…
We like the looks of this four-story limestone house at 1380 Dean Street in Crown Heights. It started out last January asking $829,000, according to StreetEasy, and has just been cut to $775,000. It’s hard to make a guess about what something is “worth” while we’re in the eye of the storm, but suffice it to say that this place presents an opportunity to live in a 3,000-square-foot house with nice original detail with mortgage payments that would be south of $4,000 a month. Then again, the way things are going, there’s no rule of nature that says this won’t be going for $600,000 six months from now.
1380 Dean Street [CitiHabitats] GMAP P*Shark
Hey Ferrous balls NO ONE is saying Obama is perfect he is simply pretty close to it now given the garbage McCain is planning. The fact remains that most people see him as much better that the current president and ditto for McCain. You acknowledge yourself that your smear is petty and irrelevant; hopefully you will get your brain around the fact that this economic disaster rest squarely on Bush’s silly policies. Like I said “laissez faire” is an outdated concept.
Says IB: “at least he doesn’t think using tax payer money he can spend his way to a better world.”
Say prominent conservatives:
In a sharply worded editorial on its Web site Thursday, the editors of The National Review — an influential bastion of conservative thought — derided the [McCain] plan as “creating a level of moral hazard that is unacceptable” and called it a “gift to lenders who abandoned any sense of prudence during the boom years.”
“Prominent conservative blogger Michelle Malkin went one step further, calling the plan “rotten” and declaring on her blog, “We’re Screwed ’08.”
Matt Lewis, a contributing writer for the conservative Web site Townhall.com, told CNN the plan only further riles conservatives upset with McCain’s backing of the massive government bailout plan passed last week.
“Fundamentally, the problem is John McCain accepts a lot of liberal notions, unfortunately. There is somewhat of a populist streak,” he said. “Most conservatives really did not like the bailout to begin with, and this was really kind of picking at the scab.”
I’m not sure why you’re so confused, IB. Face it – GOP has done a BAD job managing and shepherding our economy, and the effects are there for the world to see. Like McCain, you see your little boat sinking so you’re desperately grasping for any life ring floating by. Best of luck to you.
brownstoner is a community, and clearlry a good business model. Get thee into the 21st century olde timer.
Am I the only one who hates the way Brownstoner baits these posts and the general negative attitude that this site has to any community that is not Park Slope, the Heights, Fort Green or Clinton Hill? Mr. B.–I have news for you–if real estate is really going to crap like many are predicting–sure Bed Stuy and Crown Heights are going down but so is your beloved Clinton Hill. Mr. B, welcome back to the HOOD. For your own peace of mind, perhaps you should consider focusing this site to productive community building and actual useful DIY tips rather than to fead the negativeity and paranoia that is running rampant on this site. Might be a good business model……
Pierre,
It’s not Bush’s fault that the economy is tanking any more than it is Obama’s. I’m not blaming Obama. I’m just saying that his proposed tax increases will cost millions of jobs and delay the recovery of our economy for years.
I’m sure you know that Obama purchased the lot next door to his own house in Chicago from his biggest financial backer’s wife for $300,000 less that she paid for the land just a few months earlier — straight up corruption.
Obama’s excuse is that he “didn’t understand the home buying process.” Now, just a few years later, he claims to be the most qualified expert to not only solve the housing crisis, but also to save our national from a major depression.
Sure, paying off his student loans at 45, and racking up 17 unpaid parking tickets at 30 isn’t reason in itself not to vote for Obama, but the media makes him out to be a perfect person, when in reality he’s quite flawed and not The One that you and the media hope he is.
Indigo there is a ton of substance behind that “glamor”. Remember the young glamorous guy named Bill Clinton? Remember what he did for this country that was all unravelled by the clown we have in the WhiteHouse now?
Iron Balls it is amazing to us that you are already blaming Obama for this mess even before he gets elected. Remember fool the past 8 years George Bush was President and his sidekick McCain agreed to >90% of his dumb policies. This is how we got into this disaster by over use of “laissez faire” economics that is clearly outdated given todays market complexities.
Your rants are really very pediatric and plain moronic i.e. it took Obama until age 45 to pay off his loans. Do you have any common sense? It is economically savy for most of us to you pay off grad school loans slowly sometimes over 30 years…we know this since we have the loans to prove it. Almost all the doctors and lawyers we know still have student loans to pay well into there 50s. For the miniscule amounts of people who can afford it and pay off school loans rapidly fine but for the overwhelming student population this is simply not possible or sound economic judgement.
Obama hasn’t paid parking tickets so he shouldn’t be running for office? Is that all the smear you can dig up now that your man McCain is proving to be irrelevant?
You reallly think the same policies of the past 8 years are gonna help this country? Get off Fox News for a little and smell the CHANGE coming your way.
SnarkSlope,
The root of the economic crisis is housing prices tanking nationwide.
Obama acts cool, but what has he suggested? First he takes credit for McCain’s proposal, and the next day he claims it’s too risky. Something has to be done. Do you have a better idea?
I hope obama is more like Abe Lincoln and less like Ronald Reagan. Only time will tell. It could go either way. I don’t think Lincoln was seen as being charasmatic and handsome when he was elected. charasmatic and handsome politicians can often lead a country awry. Let us pray there is substance behind the glamor.
“McCain … doesn’t think using tax payer money he can spend his way to a better world.”
Actually, he seems to think he can:
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Barack Obama this afternoon condemned John McCain’s plan for the government to buy bad home mortgages as “McCain’s bailout†for risk-taking banks and lenders, and described his approach to the financial crisis as “risky†and “erratic,†… Mr. Obama took new aim at Mr. McCain’s plan, which would allow millions of struggling Americans to refinance their mortgages with government help – yet leave taxpayers to cover the losses rather than the banks or other institutions that hold the mortgage.”
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