Open House Picks: Six Months Later
Comment: Not much to cheer about. Open House Picks 8/14/09 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Not much to cheer about.
Open House Picks 8/14/09 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
>>everyone should walk away from all the asking prices. too high. cant rent to cover mortgage. prices too high
Posted by: Springs at February 15, 2010 12:00 PM
Too high only for ordinary hard working folks. Not too high for banksters who stole from everyone else in America.
“While Goldman reaps, America weeps”
everyone should walk away from all the asking prices. too high. cant rent to cover mortgage. prices too high
“And yet you still can’t find one for half off peak comps!!!!!!!”
Couldn’t YET find one for thrice valley comps in 2003 neither. YET it happened. YET is quite the operable word.
***Bid half off peak comps***
Billyboomer
I just had the pleasure of reading through your older comments. Why are you always so angry?
Hey ironballs, eat your balls. You know nothing. Parents just sold their Naples florida house for all CASH and it was not 50% off peak. Like I said you know nothing just like every other dumb ass here.Rich have money
Brooklyn is special. But prices will still drop 50% locally just like they will in San Fran, Los Angeles, Chicago, and every other “desirable” place to live.
50% is 50% whether you live in Naples, Florida or Brooklyn, New York.
How is 300% price appreciation when rents barely budged normal?
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IB, for me it’s just this simple. And I’d also add that incomes barely grew either during that time.
Also, people talk about brookyn and the other boroughs like they are so much different than elsewhere real estate wise. Much of the tri-state had similar price appreciations (percentage) and have shown similar price depreciations over the past 2 years or so.
homey is right. Sackett house had very solid offer very close to ask; owners elected not to sell
“Wow! This thread really went off the rails!”
It amazes me how delusional the majority is.
Obama says it. CNN say it. You believe it.
How is 300% price appreciation when rents barely budged normal?
Granted, the government “spenders” have been successful at postponing the inevitable.
But it’s not called “the inevitable” for nothing.
Sanity will eventually return to the market place and most folks who bought Brownstones (as well as condos and coops) in the last five years will be severely underwater.
Sell now, while it’s still possible, before we really go “off the rails.”