Talk Changes - No More Anonymous Posting

thank you

Good call.

thats a great move! I hate it when people post anonymously with anonymous names to an anonymous board! I especially hate it when a board kowtows complaints from brokers about anti-broker rhetoric for fear of losing future advertising. I applaud StreetEasy....for selling out.

Sounds like a good idea.

totallyanonymous is totally right. I predict that StreetEasy is going down in flames for removing anonymous. totallyanonymous is not anonymous anymore. I mean, we don't know who they are, but they are definitely not anonymous, because there can only be one totallyanonymous.

Perhaps it's just summer but the board seems rather uninteresting of late, I wonder if the now defunct 'anonymous' has anything to do with it?
Anonymous

#7--You seem to be the only one who got my irony. bravo.

I don't see where to change my display name - I didn't get the option - please help - thanks!

No offense man, it may be sad but people do come back to read a lot of those "controversial" comments, so in a strange way a lot of those posters may have actually been doing you a favor.

I personally only try to insult those that deserve it.

Great development, though I fear the "renters vs. homeowner" threads will become less interesting.

The renters vs homeowner threads are boring. You see the exact same discussions on Curbed and Brownstoner. You could practically create a template for them. Good move, Matt. I love the site, but I was a bit disappointed with the level of informed mudslinging here. People innocently asking for info got flamed for no good reason.

sorry 'uninformed mudslinging'.

zorki, considering the time and effort some of the posters seem to be putting into their messages, sometime might qualify as 'informed mudslinging'. It doesn't make them informing, though.

This building has just renegotiated its land lease and unfortunately the maintenance went way up to cover the new rent. However, the building is in the process of purchasing the land which will at least make the maintenance tax deductible.

I am currently trying to sell my one bed coop apt at the moment. I don't really have any issues dealing with my coop board, but I am very worried that they won't accept what is deemed too low of a bid. The apt is a recent listing - priced very competitively and in move in condition. There is almost zero traffic, pretty demoralizing. I don't think this is just a 'coop' problem, but a general issue with the fact that prices are too high and people are just broke. Lovely combo. I have no idea what I'm going to do, because I really want to move. Anyone else stuck in a similar situation?

that is so funny......i will copy and paste this to some brokers to be a shame of this profession.....BS do we need brokers ?????

Thank you, thank you for making people stand behind what they say on these boards. I don't read Curbed.com boards anymore because they are constantly digressing into childish insults, it's frustrating when you are trying to gather information to have to sift through that kind of negativity. And I am not a broker or in anyway related to the RE industry, just trying to buy a home.

Curbed doesn't do anonymous posting anymore either, but its all a moot point considering you can make as many screen names as you want and can't trace any back to an actual person.

I wonder what will happen when the Government and The FED removes support from the Mutant Asset Bubble.

1.5 Trillion dollars wasted on propping of a fictitious market of Ponzi Schemes. Where's the "Next Sucker" at??? Where will you find them??? It's over people and I will be glad when the crash gets underway. A million for a "2 Bedroom Condo", yuck..

The What

Someday this war is gonna end..

frownstoner.com

We were able to post anonymously?

Prices have come down the building is now good value in a great location.

We are in the beginning stages of a depression and the government attempts to prop up the Housing bubble has been a big failure!

This year you will see the wheels fall off and the decent in to hell!

It's not about Housing prices anymore it's about Sovereign Default, the whole world is broke.

The What

Someday this war is gonna end..

frownstoner.com

"and the government attempts to prop up the Housing bubble has been a big failure!"

????? say whaaaaaa????

Look, sdfl, get on the bandwagon. One heartfelt tenet of the SE bear movement is that the government is what has kept nyc re from going to some sane level. [recall that the real re basket cases around the country tanked and kept tanking before and after such govt support,,,but never mind]

Our gov't has succeeded in maintaining the NYC bubble by creating a record windfall profit for the very culprits that were responsible for this mess - Wall Street.

Outside of NYC, the FED's negative real interest rate policy coupled with Fannie and Freddie buying hundreds of billions of trash mortgages from financial institutions have helped prices stay artificially high instead of letting our nation's housing market truly correct.

I think the government has done a "good" job of manipulating and preventing further (and necessary) home price decreases nationwide and especially here in NYC by doing just about everything possible to save the irresponsible masses that bought far more than they EVER could afford and the upper .5% of the world's rich from any real financial correction. In the end, the government bailed out the super stupid and super rich at the cost of pushing an inflationary policy and adding on unbelievable amounts of debt. With that in mind, they have hardly "failed".

memito...isn't the interest rate level and availabiity (both the result of the govt) the key thing...

to argue that wall st windfall is a key factor is kind of like arguinng that bonuses are going to be enough to help this market, isnt it"

Interest rates and financing structures are key nationwide. Cash bonuses and excessive salaries are key here in NYC.

The point being that the government's actions (saving AIG, thus GS, MS and many other irresponsible financial institutions) kept most of the world's rich intact and also gave the upper tier of these financial firms an outrageous payout in 2009 - and thus enriching everyone whose job is linked to Wall Street. Yeah, I understand the "doomsday" argument that the world's economy would have collapsed - but maybe it should have because we have been playing out a ponzi scheme where the masses get "homes" and the world's uber rich become even more so. This is what has been pushing prices here in NYC - especially for the higher end (over 1.5M apartments).

But you are correct that bonuses aren't enough to keep prices where they are, but they are certainly going to help keep prices more inflated than they should be.

I have concluded that these large payouts and unbelievable enriching of the top .5% of the world's elite has turned NYC real estate from a standard economic asset - which typically whose value can be linked to cash flow generation - to a luxury good - the value of which is simply driven by supply and demand.

Financial institutions have exploited the government's mortgage policies nationwide to generate SO MUCH MONEY for a certain subset of our population that buying a 1 or 2 bedroom apartment for $1-2 million bucks isn't a normal economic decision but a luxury one. Buying a NYC apartment for many buyers has become similar to buying a diamond or high-end car - they don't care how much it "worth" or what cash flow it can generate, they just want it. And they are willing to buy a shitty studio or 1 bedroom for their kids or nephews for that matter as well. The amount of "wealth" that our government has helped concentrate at the highest end of our country's and the world's demographics is mind-boggling and has helped keep prices in NYC where they are today.

The 2008 crash was a chance for some sort of wealth distribution "correction", but for the most part, it just made things worse when the government spent tons of taxpayer dollars to prop everything up.

Now, I am not talking about your standard 1 bedroom or studio apartments or your cookie cutter 1100 sq ft 2brms, but for anything larger than that I have problems believing that prices are simply going to melt because there are just too many people with $2M in the bank willing to step in and pay over inflated prices for their "dream".

I sincerely hope I am wrong but I am under the impression that rational economic thinking and analysis has been thrown out of the window and we are dealing with a real estate market here in NYC that is more than willing to absorb the inflated salaries and bank accounts created over the past 15 years.

Very interesting post, memito. I think there is some trickle-down non-rationale thinking in the lower end of the market also, some distortion of common sense about what makes sense...or maybe it's just a lower-grade version of the same thing, but...but...I guess rationality has a better chance of prevailing at the lower end, particularly given the diminished size of the finance industry and smaller number of players riding the gravy train.

nervous about posting, i fear the repercussions from my developer

CitiHabitats is the worst. I have had a string of sketchy and unpleasant dealings with them over apartments at a building where they are both the exclusive brokers and partners with the landlord on renovating the building. Don't trust them. There are many other brokerages in this city who are much more above board. See the thread I posted at http://streeteasy.com/nyc/talk/discussion/19753-56-7th-avenue for more info on that specific building.