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Article Legitmizes AND contradicts JimJones!

Started by jason10006
over 15 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
A fairly un-baised (or if anything, pro-tenant, anti-broker site) says rents are firming up, inventory is tightening...EXCEPT FOR HIGH-END LUXURY UNITS! So the first part is what JimJones claims, and thus confirms his POV...but the second part contradicts him in that he claims this is most true in the high-end, prime Manhattan markets. We will see. Eventually he will be entirely right. Just as I will eventually be correct when i say we will all die. http://theapplepeeled.com/renters/where-did-all-the-apartments-go/
Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

And enough monkeys typing on enough IBM Selectrics will eventually produce the collected works of Wm. Shakespeare. But that comparison only works once they raise the standards for obtaining a RE agent license.

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Response by anonymous
over 15 years ago

I love how they talk about "ultra-lux" rental market. I'm one of those fools when it comes to marketing. I see luxury in writing, and I think, well, luxury. But then I see what passes.

Similar to ice cream. Premium, ultra premium, etc. What exactly is non premium ice cream? Would anyone feed it to their children?

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Response by uwsmom
over 15 years ago
Posts: 1945
Member since: Dec 2008

Haagen Dasz 5 is pretty good. I don't quite understand why all ice cream isn't made this way.

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Response by AvUWS
over 15 years ago
Posts: 839
Member since: Mar 2008

Let me see if I understand the market. Inventory is down because everyone did their deals last year and is staying put. Then that means that fewer people are also out there looking at the fewer available apartments, doesn't it? I can see where an industry journal like ApplePeeled would be concerned... Fewer transactions is bad for the business of their readership, but for LL's and tenants it sounds like things have not changed much. They do think there is a dichotomy between "slightly higher leases" and "flattish" but if someone had their rent drop $300-500 last year and was up $100 this year then both statements would still be true.

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

jason10006
9 days ago A fairly un-baised (or if anything, pro-tenant, anti-broker site) says rents are firming up, inventory is tightening...EXCEPT FOR HIGH-END LUXURY UNITS! So the first part is what JimJones claims, and thus confirms his POV...but the second part contradicts him in that he claims this is most true in the high-end, prime Manhattan markets.

We will see. Eventually he will be entirely right. Just as I will eventually be correct when i say we will all die.

http://theapplepeeled.com/renters/where-did-all-the-apartments-go/

the difference, jason, is that i have been right all along, and you have not been right yet. i see that your bible, the tregny market report, has proven you to be the useless incorrect dick that you really are.

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Response by aboutready
over 15 years ago
Posts: 16354
Member since: Oct 2007

stunning how the hones denies months and months of being wrong.

Btw honesy (ironically my iPad keeps changing your name to honey or honesty. I have to be vigilant as neither are remotely accurate), what say you to the fact that citi-habitats numbers are based on about 25 buildings purporting to cover 11 neighborhoods and all levels of rentals and thus clearly can't include any of the new product at all (with only 25 buildings including even one of the new towers would create huge vacancy rates).

Or that as nada has shown the rates are simply incompatible with statistics.

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Not to worry.

Jimbo is moving up.

BP needs a new director (opportunity for quick promo to VP) of lying and fucking customers.

Jimbo is more than qualified.

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

ar, i care less what ch's numbers say. for MONTHS AND MONTHS i have said that the vacancy rate was tightening. this was true. it is also true that once the landlords realized they didn't need to do it anymore, they would remove rental concessions and raise prices. they did both slowly, then wholesale in the last 30 days. wrong? no, exactly 100% right.

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

cc, i don't lie to anyone. i look them in the eye, smile, and say something like "if you really want this apartment, on west 8th st and 5th ave, you'll have to pay a full brokers commission. if you don't, i'll wait for someone who will. probably a day or two.

guess what happens next?

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Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Way too gross to even think about.

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

they rent that apartment cc. thats what happens. or the move to a blah nabe like murray hill. plenty of "no fee" inventory there for them.

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Response by mngmist
over 15 years ago
Posts: 71
Member since: Jun 2010

Are statistics distorted by antidepressant medication?

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Response by jim_hones10
over 15 years ago
Posts: 3413
Member since: Jan 2010

funny, i haven't heard from jason since his beloved tregny report came out.

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