Man on the Street: Mortgage Crisis Hitting Close to Home?
We buttonholed a few folks this week on the streets of Park Slope and asked whether they knew anyone who’d been affected by the mortgage crisis. While no one reported trouble close to home, plenty thought it might be looming just ’round the corner… I don’t know anybody who’s been affected, but I’ll probably see…
We buttonholed a few folks this week on the streets of Park Slope and asked whether they knew anyone who’d been affected by the mortgage crisis. While no one reported trouble close to home, plenty thought it might be looming just ’round the corner…
I don’t know anybody who’s been affected, but I’ll probably see some in the coming months. Houses around here are so expensive that I don’t know how you can buy without a heavy mortgage.
Kyle; lives in Park Slope.
Not really, but I know mostly young people who’ve recently bought and people who’ve owned their houses for many years. I assume I’ll start seeing more people affected by it. Part of it might be, though, that it’s not something that people readily talk about.
Julia; lives in Fort Greene.
No. I certainly can’t imagine anyone I know having trouble with a mortgage, because I don’t know anyone in New York who can afford a mortgage–let alone be in trouble for it.
Steve; lives in Williamsburg.
No. I don’t really know anything about it.
Tiffany; lives in Park Slope.
No. I think I’ll probably see more, though. The market is obviously changing.
Abby; lives in Park Slope.
Hey, 3:54, I’ve heard of it and better yet seen it. That movie sucked as bad then as it does now, 37 years later. 11:14, stop cursing Kyle out on the Internet, man up and DO something about him. You’re going to take crap off that guy?? He seriously doesn’t look very tough.
This is a bit off topic, but just noticed the irony…Saw a great period movie from 1970, the Landlord, last week at Film Forum. It stars Beau Bridges as a wealthy scion who buys a brownstone in Park Slope, looking to get rid of the tenants and renovate.
Had NO CLUE that PS was, as his parents called it, “a colored neighborhood.”
In the movie, race adventures ensue. Not on DVD yet, so I guess most have never heard of it.
I don’t normally agree with The What but Mr. B if you live in Clinton Hills why did you go to Park Slope for that survey?
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity. 
Martin Luther King Jr. (1929 – 1968)
Hello Dumbasses
Riddle me this? Why Mr.B is in Park Slope??!! Don’t you live in Clinton Hill??!! I think you would get a different perspective here.
The Mutant Real Estate Bubble is over!!!!!!!!!!!
BTW October is here. This is a very bad month for the stock markets!
“Hey, let’s give Mr. B. credit for trying. I like the idea of a “man [or woman] in the street” interview. It brings the blog to the nabe, and the nabe to the blog.”
^^^SHUT THE FUCK UP!^^^
not a very impressive cross-section here
I am purchasing a Co-op in Clinton Hill. Ive been doing the process for about 5 months now. Last month I was all set to close but things started to crumble….specifically my mortgage. I had a 6.5% rate through Greenpoint Mortgage, unfortunately they went bankrupt and refused to fulfill my loan.
Thats just a quick summary of what happened….
In the end it worked out, I havent closed yet, but I have a new mortgage for the same rate and less closing fees. I should be closing any day now, fingers crossed.
“That guy Kyle is an a$$ he threatened me and my son at the park. I hope he loses his house!”
If you’re a woman, I’m sorry to hear about your ordeal.
If you’re a dude, you should have punched him in the mouth… (chump)
I pay less to own my studio in Park Slope than I could ever find renting one.
And I bought recently.
you must also remember some people don’t want to buy…. and some people are just not up for it…there are alot of perks to not owning … like calling the landlord and getting everything fixed for you…. house/apartment maintenance is not for everyone.
Plus you can really say that money spent on rent is anywhere near what you would need to pay for a comparable apartment in mortgage.