what happened to urbandigs.com?

Never mind (I meant "bill", not bull---must have been a slip ;) ). I had a problem accessing momentarily but its back on.

Nothing to see here....

urbandigs.com has been sezied by the FDIC

It sounds like Noah has the swine flu. :-(

yes noah has had a horrible bout of something fluish. and if it were a credit card instead of the bull and he was late with his payments by a day he could have been hit with $20 (analogy).

ar...i'm still laughing!

"I am much less bullish on residential property that will not pay you income while you wait, but a bull market is good for New York City residential real estate. You can quote me on that. Does it mean prices are going up"

Everything that Ericho75 has been saying for the past month. Now Noah is on the boat.

"...a bull market is good for New York City residential real estate..."

Why isn't any of the hard nose bear fighting this? Have you guys finally accepted the fact that the stock market has turned decisively bullish and it will be GOOD for NYC residential real estate?

I got this feeling that if Noah and Ericho75 is right, it's going to be a long wait for prices to fall within my range.

i got this feeling that carolst and enricho are closely related

CC,
"i got this feeling that carolst and enricho are closely related"

I wish..

why...he's a complete fool.

Is Noah a fool too?
He's joined ericho75 camp of 'stock market' & 'NYC housing' relationship.

Noah has contracted his earlier statement of further collapse in the NYC housing market. He's now hinting that the 'bullishness' in the stock market will probably be good for housing in NYC.

no...

you and enricho (disgusting) are a fool.

time for another name change

I think i know who the fool is now.

really...

you or enricho or both?

how was the flight back from nowhere?

So, no comment on Noah's article?

jezz...

That article was written by Jeff Bernstein, not Noah.

nuance, people. noah said that people are feeling giddy, spring and the market and all that. and that this BEAR market rally has some awesome legs. and indeed it does. and yes, of course some people will be more likely to buy under those circumstances. the road to price correction doesn't run smoothly.

i didnt write that article, im sick with flu and head is all messed up - for all i know I have been a perma bull for past 2 years. I believe we are neck deep in a countertrend pickup in activity, enhanced by a reflation trade, fear of rising rates, first wave down complete, and surging equity market that is boosting confidence. Nothing goes in straight line and I have publicly discussed how I was way less bearish than I was 18 months ago, for past 5-6 months now. People think Im a perma-bear, Im not. Im bearish when I should be bearish, and Ill be bullish when its time for me to get bullish. You guys think however you like. Today, im less bearish because prices started, and for those that read my stuff since before this crisis started in mid 2007, know that is the most positive I have been in 18-20 months or so.

I dont want world to end, but Im not a car salesman either willing to put reputation on line to get a few deals done by declaring a bottom or recovery. There is a BIG difference between a countertrend pickup in activity embedded in a longer term adjustment process and a sustainable recovery. Yet both appear the same as the uptrend occurs. Let other brokers and proctologists pick bottoms. For now, Im simply less bearish and would not discount another wave of sever illiquidity occuring again in the future. Just dont know when or what sparks it. I do know we are not out of woods, rates will be rising, taxes will be rising, inflation will be the painful variety that squeezes consumers/businesses at first (not wage inflation and rising unemployment) and that if stocks decide to fall again, you will see buyer confidence quickly reverse course. For now, this is natural order of markets at work. Nothing goes in straight line and there will be deals at every price.

there will be a time to discuss a sustainable recovery based on fundamentals, for now its too early for me to get on that boat

feel better! hope the tamiflu kicks in.

"first wave down"

exactly. first, insinuating more to come.