Overpricing Not Working in Carroll Gardens
“What the heck is going on in Carroll Gardens?” we asked back in January. Our question was prompted by a rash of ridiculously priced townhouses in the area. Well, since then, three out of the four houses we looked at that day woke up to reality and one is still clinging to its delusions of…
“What the heck is going on in Carroll Gardens?” we asked back in January. Our question was prompted by a rash of ridiculously priced townhouses in the area. Well, since then, three out of the four houses we looked at that day woke up to reality and one is still clinging to its delusions of grandeur. 329 President has since been reduced by $605,000 and 78 3rd Place by $795,000; 44 1st Place, the nicest and biggest of the batch, appears to be off the market.
What the Heck Is Going On in CG? [Brownstoner] GMAP
HOTD: 40 2nd Place [Brownstoner]
HOTD: 78 3rd Place [Brownstoner]
HOTD: 44 1st Place [Brownstoner]
2:28 good luck with those infomercials. Say hi to Don Knotts.
JPM’s firing half of Bear’s employees. Do we still think this isn’t going to make a difference?
Renters will be the first poor suckers to lose their jobs actually. No boss wants to let go of 35 year old Dan with a wife and new baby.
They’ll get rid of know it all 24 year old Spencer before that happens.
keep renting, 2:28.
cause that means if you rent, you don’t lose your job….right?
only homeowners lose their jobs?
2:24…I’m locked into a 10 year contract with a 12% raise each year.
So far all the banks have been holding off on the layoffs for fear that it would be perceived as a sign of weakness and potential damage their credibility/standing ala bear….but the axe is set to swing and massive layoffs will be announced. Any talk of real estate being immune and prices sustaining is utter crap with no factual basis.
2:04 During the last big recession in ’91, film production slowed down considerably in NY and LA. This is going to be much bigger.
Have fun spending $200 in gas each way from Vermont!!
I’d rather fly to Europe.
Vermont is a poor man’s Berkshires.