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]
by 2012, my brownstone will be worth 6 million.
PRIME SLOPE BABY!!!!!
prices will continue to go up long term so anyone who does not buy is beat.
well if you own 4 houses you shouldn’t be worried. If you own 4 mortgages, thats a different thing.
ignorance is bliss
I own 4 and I’m not a bit worried.
OK – this one takes the case. A thread purely about CG got completely hijacked once again by the top-ten sloper nut. Too much.
most people on here don’t give a rats ass if their property values go down.
it’s really the renters that are all bent out of shape about it.
Owning a house is great.
Occupying a house with a jumbo mortgage that has you in debt up to your eyeballs is not so great. It is risky. If you lose your job and the housing market goes down (those two things happen together a lot) you can be left bankrupt.
who was Carroll?