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"Buy Now or Be Priced Out Forever" - Favorite Insane Quotes

Started by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008
Discussion about
Was wondering what some of the craziest things said in the bubble were. I found a couple. What other fun ones do we have? "IMHO, once the stock market stabilizes and starts to recover and declares the "credit crisis" over we will see a tidal wave of apt buying." - SteveF, 8 months ago, 8 months before the data that sales had declined 75% YoY "I agree 100%" -perfitz "Prices will be up 25% before Spring" -perfitz
Response by ccdevi
about 17 years ago
Posts: 861
Member since: Apr 2007

wow so not an interesting idea, but if you're going to do it, find something good.

"once the stock market stabilizes and starts to recover and declares the "credit crisis" over"

what don't you understand about that, has that happened yet?

and quoting anything by perfitz or rufus is just silly.

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Response by waverly
about 17 years ago
Posts: 1638
Member since: Jul 2008

Apparently street fairs are a very big deal in Chicago....

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Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

ha, I forgot about street fairs...

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Response by stevejhx
about 17 years ago
Posts: 12656
Member since: Feb 2008

ccd: what bank gave you that loan?

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Response by drg
about 17 years ago
Posts: 77
Member since: Apr 2007

Is this only for insane comments on this board? There are so many to choose from...

Here is my favorite from a real, live broker (in response to my comment about the brick wall view from the 2nd bedroom in an apartment we were viewing):

"But if you move close to the window and look up, you can see the sky...."

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Response by West81st
about 17 years ago
Posts: 5564
Member since: Jan 2008

"Can't we all just get along?"

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Response by ccdevi
about 17 years ago
Posts: 861
Member since: Apr 2007

steve, I'm available to meet you tomorrow, bring the money in cash. West are you available?

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Response by West81st
about 17 years ago
Posts: 5564
Member since: Jan 2008

Not for officiating between the North- and South-going Zax, thank you. I'd rather take the kids over to AMNH to watch the guys from Macy's inflate Spiderman.

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Response by West81st
about 17 years ago
Posts: 5564
Member since: Jan 2008

BTW, ccdevi - I believe you about the 5.5%. Did you lock it in before the spike, or is that a recent deal?

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Response by ccdevi
about 17 years ago
Posts: 861
Member since: Apr 2007

I got the commitment in May. It expired in August. My bank funded in October anyway. Not sure why.

"between the North- and South-going Zax"

I'm sure I'm dense but I didn't get that.

My wife was taking about going to the AMNH for the floats too, I heard its crazy crowded, that right? We have little ones, worth it?

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Response by stevejhx
about 17 years ago
Posts: 12656
Member since: Feb 2008

"I got the commitment in May. It expired in August. My bank funded in October anyway. Not sure why."

Oh good. Not current rates.

You admit that it is not a real transaction at today's rates.

Next!

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Response by West81st
about 17 years ago
Posts: 5564
Member since: Jan 2008

ccdevi: It's OK once you make it into the area where the floats are. The crazy part is the crowd on Columbus waiting to get through the police barricades that block off access to the streets flanking the Museum. Only bring children under six if they are unusually patient.

People ask why we subject ourselves to it year after year. I'll tell you... I don't know. But it's a tradition!

That's from Fiddler on the Roof. The Zax are from Dr. Seuss.

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Response by West81st
about 17 years ago
Posts: 5564
Member since: Jan 2008

Oh, I imagine if you take the B or C train and surface at the south end of the AMNH station, you'll come up inside the barricades. Never tried it myself, but I don't think they close the south exit for the occasion. It's worth a try for a family coming from downtown.

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Response by ccdevi
about 17 years ago
Posts: 861
Member since: Apr 2007

Thanks West

"Oh good. Not current rates.

You admit that it is not a real transaction at today's rates."

So you're accepting that it happened. When can you meet to give me my money? I will send you the text of the post you have to make every day admitting you were wrong.

Furthermore, I'm not admitting anything of the kind. Rates have gone down since I closed. Manhattan Mortgage currently lists 5.75 at 15 years and there are plenty of lenders loaning at far less then the 7.5% you use for your calculations. Here are some Apple, FNLI, Astoria Savings, Countrywide.

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Response by ccdevi
about 17 years ago
Posts: 861
Member since: Apr 2007

oh and btw, "not at current rates", are you kidding me? you've been claiming 7.5 or even higher for quite awhile, so you were wrong then too.

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Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

wow, we moved off topic awful quickly...

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Response by Sizzlack
about 17 years ago
Posts: 782
Member since: Apr 2008

Best Rufus quote...

"Chicago is the center of the world, because Jeff Tweedy, lead singer of Wilco, lives there."

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Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

I still love "street fairs" and applying for the olympics. That puts Chicago up there will much of the 3rd world.

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Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

Almost forgot this one.... the lie of the decade..

"100% Sold."

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

"I guarantee that the Toren is a can't miss. "

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Response by walterh7
almost 17 years ago
Posts: 383
Member since: Dec 2006

"I can't imagine the seller coming down in price more than 100k" (which was about 6% at the time)

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Response by Wainley
almost 17 years ago
Posts: 45
Member since: Dec 2008

my favorite spoof comment: Realistically, no matter which way you analyze it, renting is ALWAYS better than buying, and stocks will ALWAYS come out ahead of residential real estate, if the analysis is done by steve. Period. No argument can refute what I just said. Just try it, publish your sources. LMAO

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Response by Wainley
almost 17 years ago
Posts: 45
Member since: Dec 2008

or this one, that falls in the TMI category by stevejhx: If that's dick, fine. I like dick.

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Response by kingdeka
almost 17 years ago
Posts: 230
Member since: Dec 2008

lol.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

JuiceMan
about 14 months ago
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2005 levels? Your talking about a 15-20%+ correction. Ain't gonna happen.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

JuiceMan
about 15 months ago
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Fed cut by a half a point, Lehman's earnings strong, looks like that real eatate slowdown could take a while.....

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Response by jgr
almost 17 years ago
Posts: 345
Member since: Dec 2008

lol JuiceMan also had one about how you won't even find 2/2's for 1.25 million anymore. That guy was such a winner.

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

lol

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

JuiceMan
about 15 months ago
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I'm glad you are coming around to the fact that Manhattan real estate is unique and the sooner you get in, the better

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

Thread entitled "More proof the dopey renters don't get it

http://www.streeteasy.com/nyc/talk/discussion/2448-more-proof-the-dopey-renters-dont-get-it-

Yes, got it.... streeteasy never had a bunch of bulls going off on folks calling a bubble...

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

JuiceMan
about 13 months ago
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These units closed in the third quarter during the peak of the credit crisis. What happened to “the sky is falling because no one can get a mortgage”?

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

just too much juiceman.... I'm compiling...

"Face it, the doomers were wrong. "

"I'm still wondering what happened to the Q3 mortgage crisis."

"oh yeah. The crisis. The one that you so expertly predicted would crash Manhattan real estate in Q3, and then Q4, and now Q1 of 08. Right."

"Assuming average bonus payouts this year (far better than the 30-50% decrease the bears predicted as aifamm pointed out) Wouldn't stock that vests over 1,2, or 5 years be pretty good for the future of Manhattan real estate? Or should we ignore that benefit as well? "

"Fringe properties in fringe areas will suffer. Maybe enough to flatten the overall market. As for the good neighborhoods...up...up...up."

"Call me a bull but it is impossible for me to calculate a reasonable scenario where all of those indicators will drive south quickly, and put Manhattan in a Miami like situation. It is just not going to happen."

Too easy...

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Response by nyc10022
almost 17 years ago
Posts: 9868
Member since: Aug 2008

8 months ago...
"dco, if you are waiting 12-18 months for prices to come down you are in for a surprise. How long do you really think this economic slowdown will last? If this recession is mild, what happens then? Manhattan is always the last to be impacted in a slowdown and the first to recover. Do you think we’ll be in recession for the next 3 years? "

Title of thread he started 7 months ago...
"Housing crisis is over "

Last line of first paragraph... "Yes, the housing market is bottoming right now."

Again, just too easy...

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Response by JuiceMan
almost 17 years ago
Posts: 3578
Member since: Aug 2007

I would compile all of your quotes nyc10022 but you have used a hundred aliases and I can't track them all back. I also love the fact that you post all of my quotes out of context and then pat yourself on the back because you “called” an economic slowdown after Lehman failed. You truly are a brilliant mind. You crack me up.

All of these quotes were in reference to idiots like you saying that in Q4 07 and Q1 08 Manhattan would be impacted the same way Miami, Arizona, and Florida were impacted by the credit crisis. The remaining quotes have been taken completely out of context.

I don't post on streeteasy all day everyday like you do EddieWilson, but if you would like to take each quote, one by one, and discuss it, I would be happy to. You won't, because every time I ask you to do this you avoid the question because deep down, you 1) know you are an exaggerating idiot 2) are a douchebag and 3) are a phony
Keep it coming nyc10022. I love it.

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Response by nyc10022jgr
almost 17 years ago
Posts: 1
Member since: Dec 2008

JuiceMan, what multiple names are in use?

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Response by ManJuice
almost 17 years ago
Posts: 3
Member since: Dec 2008

I'm not sure

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Response by EffinWilson
almost 17 years ago
Posts: 1
Member since: Dec 2008

good one

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Response by Not_a_nyc10022_alias
almost 17 years ago
Posts: 2
Member since: Dec 2008

It wasn't me

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Response by Shaggy
almost 17 years ago
Posts: 1
Member since: Dec 2008

Wasn't me.

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Response by ManJuice
almost 17 years ago
Posts: 3
Member since: Dec 2008

If you don't know, then who does?

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Response by greensdale
over 12 years ago
Posts: 3804
Member since: Sep 2012

somewhereelse, since you referred us to this thread, how about this quotation,

JuiceMan
about 4 years ago
Posts: 3543
Member since: Aug 2007
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I would compile all of your quotes nyc10022 but you have used a hundred aliases and I can't track them all back. I also love the fact that you post all of my quotes out of context and then pat yourself on the back because you “called” an economic slowdown after Lehman failed. You truly are a brilliant mind. You crack me up.

All of these quotes were in reference to idiots like you saying that in Q4 07 and Q1 08 Manhattan would be impacted the same way Miami, Arizona, and Florida were impacted by the credit crisis. The remaining quotes have been taken completely out of context.

I don't post on streeteasy all day everyday like you do EddieWilson, but if you would like to take each quote, one by one, and discuss it, I would be happy to. You won't, because every time I ask you to do this you avoid the question because deep down, you 1) know you are an exaggerating idiot 2) are a douchebag and 3) are a phony
Keep it coming nyc10022. I love it.

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Response by somewhereelse
over 12 years ago
Posts: 7435
Member since: Oct 2009

Poor Juice, had to resort to lying as his response. His quotes were just awful, awful.

And I called the crash before Lehman. Sorry, toots.

He couldn't find one such quote he's alluding to... because he's lying.

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