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Good News for NY RE esp LIC

Started by Wbottom
over 15 years ago
Posts: 2142
Member since: May 2010
Discussion about
Thirty percent (30%) of homeowners say the value of their home is less than what they still own on their mortgage. That's the lowest level measured since August but consistent with findings since April 2009. http://www.rasmussenreports.com/public_content/business/housing/november_2010/30_of_homeowners_say_they_owe_more_than_their_house_is_worth i found this so heartening, i had do something i... [more]
Response by somewhereelse
over 15 years ago
Posts: 7435
Member since: Oct 2009

Of course, when you look at what people think the value of their home is - the zillow studies come to mind - they are off their rockers.

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Response by ericho75
over 15 years ago
Posts: 1743
Member since: Feb 2009

"at the big ole citibank tower over in LIC--and evryone who works in that tower lives in LIC, right? see what i mean?"

That's funny. I don't know ONE person in the hunter's point LIC area that works in the Citibank building.
Everyone that i know works in Midtown.

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Response by w67thstreet
over 15 years ago
Posts: 9003
Member since: Dec 2008

So they chose to commute Bc their re would go up..... M'okay

Happy gobble gobble.

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Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

That's funny. I don't know ONE person who works in the Citibank building in LIC who's willing to live in LIC. Everyone I know lives in Manhattan.

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Response by w67thstreet
over 15 years ago
Posts: 9003
Member since: Dec 2008

Ha. Happy gobble gobble

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Response by huntersburg
over 15 years ago
Posts: 11329
Member since: Nov 2010

What is the issue with Long Island City?

Aalanhart, you know a lot of people who work for Citibank over there?

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Response by LICComment
over 15 years ago
Posts: 3610
Member since: Dec 2007

alan and a few other wackos can't help posting hateful comments whenever a Long Island City topic comes up. They are just clueless, feel free to ignore them.

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Response by Wbottom
over 15 years ago
Posts: 2142
Member since: May 2010

Many who live in lic don't work....

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Response by sledgehammer
over 15 years ago
Posts: 899
Member since: Mar 2009

Many who live in LIC think it's "cool" to live at walking distance from an historic nab....
Historic as the worth Oil spill in a city in history:
http://www.riverkeeper.org/campaigns/stop-polluters/newtown/

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Response by stevejhx
over 15 years ago
Posts: 12656
Member since: Feb 2008

This LIC mortgage mess will be good for my MBS hedge and bond durations.

HAHAHAHA!

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