Six Months Later: Open House Picks 6/29/07
Comment: Makes sense the Clinton Hill manse would take a while to sell, though you have to wonder how realistic the price is. If anyone has info on the Bay Ridge listing, drop a line. Open House Picks 6/29/07 [Brownstoner]
Comment: Makes sense the Clinton Hill manse would take a while to sell, though you have to wonder how realistic the price is. If anyone has info on the Bay Ridge listing, drop a line.
Open House Picks 6/29/07 [Brownstoner]
Prices everywhere are unreasonably high. The market is even poised for “correction” in the UK.
People seem ra-ther defensive when questions come up as to why on earth home prices in Brooklyn are so unreasonably high. Is it a scam? Mass hypnosis? Irrational exubarance?
It’s something.
I would not buy here now for anything in the world. There is something weird going on and you just have to listen to the disdainful and dismissive commments of the realtors on this site and others who want to see their little houses in fringe neighborhoods go up to three million dollars.
It ain’t gonna happen.
Take all of the projects and low income housing out of your statistics and I am sure you will get a much different picture.
Median income is $29,961 per year
an estimated 24% of Brooklynites live in poverty.
vs.
27% Bronx
18% Manhattan
16% Queens
9% Staten Island
need I say more.
http://www.brooklyn.com/population.html
Because you can afford one. Or maybe you can. Get in on that SCAM to get all the mortgage you want then a year later be bought out by the bank b/c you can’t afford to pay it. Plenty of homeles people out there these days.
fyi – To the buyers thinking of buying. Dont. US is entering a recession. These prices will drop by half in the next 2 years. Thanks to the generous “creditors”.
Where I live you ask? Clearly not in Brooklyn. Everytime I come to new york wanting ot stay in a hotel in brooklyn I get told YOU ARE CRAZY. I used to live in Queens. “Back in the day” … and I’m sorry but isn’t NYPD stationing hundreds of officer because the crime is increasing?! uhm yes.. someone should read a NEWSPAPER once in a while. fyi – the 3,500,000 brownstone in my area would go for a mere 800K … and those condos they’re building exclusive ones start at 230K. So it is due to population growth and not b.c it’s safe. Still didn’t answer my question about those young folks living there affording those NEW condos. Unless they are trying to get rid of the lower class in Brooklyn.
Hey, Park Slope is really very diversified, the PEOPLE living there love CATS, and DOGS.
@8:15
puh-f’ing-leaze!
I have lived in “uncouth” clinton hill/ bed stuy for 8 years without incident.
when I grew up in the 70’s/80’s in a middle/upper middle class Philadelphia suburb, on my street alone there were: a justifiable homicide (wife killed her husband in self defense) child pornography ring broken up, and parents of 2 of my classmates arrested for white collar felonies.
take your blinders off.
Andy Rooney (boring old fart on 60 Minutes) had an appropriate comment, talking about a book on 1000 tips for selling your home — you only need one: lower the price.