Market Predictions for 2006: Neighborhood Picks
In what is now becoming an annual tradition, we invite you to share your thoughts and predictions for the Brooklyn housing market in 2006. Like last year, we’re particularly curious to hear your neighborhood “longs” and “shorts”. On a risk-adjusted basis, we’re most bullish on Prospect Heights and Carroll Gardens and, relatively speaking, would bet…
In what is now becoming an annual tradition, we invite you to share your thoughts and predictions for the Brooklyn housing market in 2006. Like last year, we’re particularly curious to hear your neighborhood “longs” and “shorts”. On a risk-adjusted basis, we’re most bullish on Prospect Heights and Carroll Gardens and, relatively speaking, would bet against Williamsburg. Overall, though, we don’t think 2006 will look at all like 2005, which was marked by huge surges in prices in some rapidly gentrifying neighborhoods. From where we sit, 2006 is looking like a year for the market to take a breath and digest all the rapid-fire changes that have occurred in recent years. Barring a big move upward in rates, we think prices will more-or-less move sideways. In our own little corner of Brooklyn, the big test will be whether the upscaling of Fulton Street can extend beyond Fort Greene. Man, could we use a gourmet market in Clinton Hill! Anyway, that’s how we see it. But what do we know. We’d rather hear from you.
Happy New Year.
Brownstoner
Back on topic–
Long: Sunset Park
Short: Bed-Stuy, Crown Heights, outer edges of Victorian Flatbush, Gowanus
Hold: Blue-chip nabes and their immediate fringes
Rationale: The next year will be slow, flat or down. The areas that have rocketed up most in the last year or two (esp. where yet-to-be-realized neighborhood improvements have already been built in to prices) will plateau or give back value as people sit out or opt for location, location. (But I don’t think your Park Slopes, Cobble Hills, Carroll Gardens, etc. have much farther to go up.)
As for Sunset Park, I think it has good quality housing stock and a decent location, but has not yet experienced the hype that other nabes have gotten lately, so I think there’s upside among value seekers.
when i said jewish kids who thought they were goombas…..have you ever heard of gotti wannabes? by the way one of those kids owns a strip club in Queens now. i think he made it. i had enough of this already, it doesn’t leave me time to disrespect my fellow humans.
Come on, folks. Let’s try to stay on topic please and try to express yourselves respectfully. It really ain’t that hard to do.
Back to the issues…
Hey RE broker- find me one of those great houses in BR…
I feel the same way about BR- it has the same feel that PS had when I moved in over 20 years ago- with the benefit of shopping already in place ( how many of you remember when Whole Wheat and Wild Berries was the only game in town?)
Do you know how often black people say “nigga”. When a black person says nigga its like saying “dude”
When someone who isn’t black says “nigga” it is not received well by black people.
Just because you hear someone use a word in a positive way doesn’t mean you can use it in a derogatory way.
You were using goomba in a derogatory way.
“too much bridge and tunnel or should i just say too many italians” please just dig a bigger hole for yourself.
When you back peddled and said “to me goombas include all races and its a type of lifestyle”
If that were true you would not have said “when i grew up in queens we had jewish kids who thought they were goombas.” you would have said jewish kids who were goombas.
The Sopranos and Growing up Gotti are TV shows, they are fictional or represent the lives of particular individuals not an entire national group.
When someone uses a word that is derogatory and particular to a race/ethnicity it becomes a racial slur.
Have respect for your fellow human beings.
Happy Holidays.
one last thing. i just did a google search typing in goomba italian. on the first page there we have a Seattle italian festival featuring a band called Tony Lestella and the Goombas .next we have a book written by Steve Schirripa from the Sopranos entitled A Goomba’s Guide to life. then yet another pizzaria called goomba pizza.Not to mention i found out that there is a charactor from the Super Mario game is even called Goomba. So there we have it. The people running an Italian festival, a book written by an Italian, 3 pizzaria owners, super mario and me all use racial slurs. next time you want to slander somebody please get your facts right.
that last posting was mine.
i’m so sorry, i didn’t know the PC police was monitoring me.. are you italian? do you even know any? even other italians use the word goombas. for the record i did a google search on the word. on the first page alone there are 2 pizzarias named goomba pizzeria. are they racists too? what should i say, many people who think they are on the sopranos (is the sopranos racist?). too much bridge and tunnel or should i just say too many italians(that’s not racist, huh?). to me goombas include all races and its a type of lifestyle. have you ever heard of the TV show growing up Gotti? (is that racist?). when i grew up in queens we had jewish kids who thought they were goombas. Boy i consider myself liberal but this what the right means when they say us liberals are too PC. Until then have fun at your rainbow coalition meetings and stop calling me a racist. thanks
Adam, can you refrain from posting racial slurs on brownstoner. thanks