Open House Picks
Park Slope 356 First Street Orrichio-Anderson Sunday 12-3 $1,750,000 GMAP P*Shark Fort Greene 134 South Oxford Street Maggie Hopp Sunday 1-3:30 $1,450,000 GMAP P*Shark Boerum Hill 442 State Street Halstead Sunday 1-2:30 $1,200,000 GMAP P*Shark Red Hook 52 Dikeman Street Corcoran Sunday 2:45-3:30 $975,000 GMAP P*Shark

Park Slope
356 First Street
Orrichio-Anderson
Sunday 12-3
$1,750,000
GMAP P*Shark
Fort Greene
134 South Oxford Street
Maggie Hopp
Sunday 1-3:30
$1,450,000
GMAP P*Shark
Boerum Hill
442 State Street
Halstead
Sunday 1-2:30
$1,200,000
GMAP P*Shark
Red Hook
52 Dikeman Street
Corcoran
Sunday 2:45-3:30
$975,000
GMAP P*Shark
BrooklynBandana,
I take full responsibility for the eminent/imminent misuse.
Thanks for pointing it out.
11217, since you’re/your/euro/you are being a stickler about language, when you refer to Obama’s “eminent promised tax increases on high earners” is it possible you mean to write “IMminent promised tax increases?”
But surely you understand the difference (?)
Incidentally, while it’s true Wall Street’s panicked about a president elect who continually opposes the interests of Wall Street to Main Street in his rhetoric, in the long run the focus on the middle class is going to be better for us than his predecessor’s callous disregard of anyone’s interests but those of the very rich. The reason our economy and housing prices are out of whack is that wages and personal income have not kept pace with prices. we’ve been buying prices with real money + monopoly money (what the banks would lend us). Now that the monopoly money is going away we’re left with what we’ve actually got. And it’s not enough. The now notorious subprime ARMs were bought into on the idea/speculation/fantasy that a borrower’s income would be higher in a few years, and if not, then his neighbors’s or would be neighbors’s, so that he could refi or sell at a profit. Furthermore, historically while stocks take a dive when a democrat is elected, if you compare the market under all Democrat presidents versus market under all GOP Presidents, it comes out ahead under the Dems. http://money.cnn.com/2008/11/04/markets/markets_newyork/?postversion=2008110416
Corcoran lists the Red Hook house as a 2-family, but it sure looks like a 1-family to me. There’s no kitchen upstairs, and the stairway looks like there’s no separate entrance(?)…
Obama’s presidency inspires zero positive enthusiam in the stock market. It’s now a proven fact. Never in history has a stock market fallen so much so soon after an election.
And Obama’s first big proposal is to bail out the failing auto industry and it’s spoiled unions, who coincidentally dumped 350 million into Democratic races this year.
Are you kidding? You call me ignorant?
Chicken – anyone with cash right now should make their mission keeping the cash safe, period. I think inflation is the least of our worries at the moment. If anything, there are very real fears of deflation (think Japan, lost decade).
I think you got yourself on the post below which basically said that Obama is the reason for the stock market sinking…your ignorance is truly laughable.
***
How low does the stock market have to go for you Obama supporters to second guess your golden boy?
Fear of his promised eminent tax increases on high earners and business is driving the market to hell.
If you Obama supporters lose half your retirement savings or more, will you admit it wasn’t worth voting for somebody with zero relevant experience just because he looks and sounds different from George Bush?
You got me.
I don’t know anything about real estate because I didn’t proofread before hitting return.
Whatever dude.
“Once again, you’re post is too nonsensical to respond to.”
And once again, YOUR knowledge of the basic English language is minimal, at best.
Translated, your sentence reads “Once again, you are post is too nonsensical to respond to”
It’s YOUR.
Do you see the difference? Do you understand it?
When you don’t know the difference between you’re and your, it’s very difficult to imagine you have enough brain capacity to know much about real estate (or anything else for that matter).
Chicken,
$5000/mo for a professional working couple isn’t too big of a stretch for lots of people still working in Wall Street related positions. It’s also not a big stretch for real estate investors like myself with reliable substantial incomes, even taking into account a likely further reduction in rents.
$10000/mo of course is an entirely different enchilada in this market. I wouldn’t want to become a slave to a house, which I’d feel like having to pay that big of a monthly nut, especially at the start of a potential long term recession like this one.