Price Cuts Working at Northside Piers, Others to Follow
The price cuts at Northside Piers that we first reported here and then again here have been picked up by Bloomberg. And, according to the news service, the reductions (two-bedrooms in the waterfront development are now as low as $691,000) are working: Contracts have gone out on five of the remaining 60 units in the…
The price cuts at Northside Piers that we first reported here and then again here have been picked up by Bloomberg. And, according to the news service, the reductions (two-bedrooms in the waterfront development are now as low as $691,000) are working: Contracts have gone out on five of the remaining 60 units in the last week. There is a stirring going on in the market,” said CBHK CEO David Michonski said, “but only at a lower price point. GMAP
I think I’m turning Japanese
I really think so…
joe….that’s exactly what I’m saying. But you can’t just throw out the whole “Japan comaparison” and expect anyone to respond to it when you don’t actually state why it will be similar and why it won’t.
The broad sweeping generalizations are not really a grounds for discussion. If you’d like to outline the responses from the Japanese government and the current responses from the US you’re welcome to do so to start a discussion
It’s preet assinine to say it’ll be like japan, just because I say it will.
dibs — I’m just throwing something out that could lead to a more meaningful discussion. I don’t see a lot of people really supporting their strong opinions here.
there aren’t that many examples of bursting bubbles, so you have to take the history that’s available, tulips included. so make a case…it sounds like you would say our government is moving faster than japan’s did, so our recovery would be faster. you want to try for something constructive?
I always look forward to your input, cornerbodega. It always reinforces my belief in the bell curve since I don’t really run into a lot of people out on the left tail.
I’m sure this has confused you to the point of a headache.
“maybe look at japan’s politics, BOJ minutes, consumption tax and “TARP-like” responses, joe and make a useful comparison.
Your statement is about as useful as saying the dot com bubble was similar to the tulip bulb bubble.” ~dibs
More words of wisdom from a bubble ghetto speculator. Dibs, you should change your name as it screams “I thought I was smart, but instead I’m just an idiot”…
maybe look at japan’s politics, BOJ minutes, consumption tax and “TARP-like” responses, joe and make a useful comparison.
Your statement is about as useful as saying the dot com bubble was similar to the tulip bulb bubble.
Thanks, cornerbodega, you’re input, as usual, was very insightful.
Get back to stocking those detergent bottles in the window.
maybe look at japan’s recovery for a loose comp — 10yrs?
Oh he will tell you Dave, don’t you worry. If there is anyone who loves the sound of their own cyber voice its BHO.