Open House Picks: Six Months Later
Comment: Mixed bag. Open House Picks 8/22/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Mixed bag.
Open House Picks 8/22/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
Again –no one is more insulting, more ad hominem, and more vulgar than Dave –period. Could the reason you don’t call him out on it, as you do The What, be that he’s talking your book?
I know Dave: I’m an asshole, a loon, I work at Target, I wish I had your RE acumen, etc etc. Question: If you say these things about me, am I allowed to respond in kind?
Whuh…you need to get a life.
Never been on curbed, IB. if its full of jackasses like you I don’t want to go there.
Foresight to do so, chicken et al…. your hindsight is truly amazing though.. I knew my condo was at a bubble price. it was the right thing to do. I don’t owe any of you an apology for having made real estate gains.
I’ve never been critical to those that seem not to be able to afford unless they behave like these assholes here.
We’re back to 1996 levels on major indices. Layoffs are killing the upper middle class in NYC. Who exactly is going to keep buying these houses at these prices? Seriously, I’m curious.
(Silly answer #1: “There are always rich people in America!” Brooklyn was re-made over by the sorta, kinda rich. The sorta, kinda rich are now disappearing. Silly answer #2: “Duh, but look at last week’s biggest sales.” That is in the rearview. On a time horizon of 12-18 months, where is the fresh money coming from??)
I’m pretty sure DIBS is the guy who used to post as Svetlana on Curbed.
“I sold a Manhattan condo for a huge gain”
Posted by: daveinbedstuy at February 27, 2009 5:23 PM
This is the sentence from which everything else springs. Without that gain, you wouldn’t have the large deposit. With a 10% deposit, your mortgage payment would be double = $55,200 a year.
Yes, you are doing fine on your numbers. Others aren’t.
I’ll say it again: no one is less respectful or more juvenile on this board than DIBS.
Every heard of home equity lines of credit or being “underwater” with your mortgage?
The “value” of a home is not just a number.
For many people it’s the only significant asset they own and they leverage it’s “value” to improve their lives.
I’m a saver and limit my own personal borrowing too, but it’s idiotic to make the claim that prices don’t matter.
Turn on a tv or pick up a newspaper. Everybody, even Obama, now realizes the housing bubble and easy lending are largely to blame for the near collapse of our entire economy.
“Besides, the “value” of your home is just a number it goes up it goes down. It essentially means nothing until you pull the trigger by putting it on the market and sign a sales contract. That is when you find out what the true value of your home is. For most of us that’s not anywhere in the foreseeable future.”
This is the best point on this topic to date on Brownstoner.