Open House Picks: Six Months Later

Well DIBS, I must respectfully disagree with your statement: short-term ups and downs in the market don’t influence anything.”

They certainly DO influence things, hugely – such as whether buyers dive in or not. The short-term ups and downs have had an enormous influence on major life decisions of mine (to sell when I did, and now to wait to buy) since so much is at stake. The size of our next mortgage has a massive ripple effect on the stress we take on (income pressure), time spent with family, freedom to do other things, etc. but we are trying to balance those risks with our other goals (finding a property as close as possible to meeting our wish list, with some inevitable compromises, that can be our home).

For those home owners who are happily ensconced in their homes for the long haul and are lucky enough to have financial security right now, then yes, I can see your point about the short-term ups and downs not influencing *that* group. But there are many, many New Yorkers who are following and/or in the market who have very different circumstances, and for them, these ups and downs have huge repercussions that very much do influence them.

Well, DIBS and I clearly disagree in our view of the current NY RE picture, and I think he sometimes uses less than dignified language in his posts – but nonetheless, I don’t get cornerbodega’s single-minded vendetta against him. When the comments shift into personal mud-slinging (as opposed to valid critiques of various real-estate-related arguments), it drags down the threads hugely. I’m very bearish, but certainly do not align myself with the camp that joyfully attacks – on a personal level – bulls, recent buyers, or current sellers (all of whom are in a tough spot right now).

I personally loathe the term common sense. What it generally means is “don’t think about it, just do it, no matter how dumb it is.” But I digress. What bothers me is that rather than debating the ups and downs of Brooklyn real estate you attack one person’s decision to buy his home. It reflects very badly on you and no one takes what you say seriously as a result. Yes DIBS has had his moments, but we all have. I think his biggest fault is allowing himself to get baited by people like you.

“Dibs has constantly berated common sense bears with his so called “Money Manager” credentials”

Cornerbodega has constantly berated common sense posters with his lack of any credentials whatsoever.

In fact, common sense posters probably believe you’re obsessed with berating me. Get a f*&cking life.

Dibs has constantly berated common sense bears with his so called “Money Manager” credentials. Thus, he’ll continue to get abuse. Deservedly so…