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]
You’ll need that million bucks you saved from now buying to last you through the next 2 years without a job.
1:44, enjoy your speedy demise.
No would would buy a brownstone to live in for 5 years. These are family homes. Most of my Park Slope neighbors say they want to live in their house for the rest of their lives.
You people who call for the end of the world and declining home prices for a couple years really have no bearing for most homeowners out there.
I did not buy my home as an investment. That wasn’t even on anyone’s radar in the 90’s. I bought to live in my own place and not have to pay rent and deal with sudden increases in my housing prices.
It just so happens that my meager apartment purchase turned me into a millionaire on paper.
Fine with me, I wasn’t expecting it and certainly don’t think I deserve it. I was just lucky, like many many other people were.
Anyone who bought before 2000 is sitting on enough appreciation to last them the next 5 recessions.
Sorry, but it’s true.
“most of us bought houses (espeically brownstones, which are labors of love) to live in for 10, 20, 30, 40 years.
not 5.”
the nail in the coffin!
1:40 you are asinine.
“You didn’t have 500K in 2001, but you have a million now??
“Yeah, right.”
Is this really so shocking? That’s seven years — you don’t think someone working on Wall Street or in consulting can save $150K a year, if they’re renting? Believe me, they can and do.
You pathetic owners may WISH that your houses won’t be worth 500K max in five years, but wishing won’t make it so. Read the paper. Watch the Telly. It’s happening. This shit is exploding and you will all be lucky to have a bed in a homeless shelter in five years. Mark my words, everyone in the world who bought in the past five years will probably be dead in five years. And they’ll take an average of 6 people down with them. This is the apocalypse plain and simple. End Times. I mean, can’t you see? There is no coming back from this. Humanity is fuckkkkkked.
1:37…not to me!
glad we’re on the same page.
wanna hang?
1:35, Park Slope is on the list for sure.
Maybe not CG.