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Williamsburg Naysayers

Started by CondoPresident
over 13 years ago
Posts: 133
Member since: Nov 2010
Discussion about
How stupid do you feel?
Response by greensdale
over 13 years ago
Posts: 3804
Member since: Sep 2012

Generally?

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Response by Bernie123
over 13 years ago
Posts: 281
Member since: Apr 2009

About a 3 on a scale of 1 (stupid) to10 (brilliant). You?

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Response by bjw2103
over 13 years ago
Posts: 6236
Member since: Jul 2007

Meh, not worth gloating really. There are those who swore it would tank (and I wouldn't confuse/conflate them with the trolls who said Williamsburg was a crime-ridden hellhole, amongst other funnies), and while it's done relatively well, it's not like buying a Williamsburg condo was a get-rich-quick win either.

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Response by alanhart
over 13 years ago
Posts: 12397
Member since: Feb 2007

Nay.

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Response by somewhereelse
over 13 years ago
Posts: 7435
Member since: Oct 2009

Nay Nay.

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Response by Lance1
over 13 years ago
Posts: 39
Member since: Apr 2010

According to the price per square foot that just sold next door, my apt increased $410,000 in value since January 2010. There is no questions that the naysayers on streeteasy and brownstoner helped tremendously!

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Response by Lance1
over 13 years ago
Posts: 39
Member since: Apr 2010

According to the price per square foot that just sold next door, my apt increased $410,000 in value since January 2010. There is no questions that the naysayers on streeteasy and brownstoner helped tremendously!

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Response by bjw2103
over 13 years ago
Posts: 6236
Member since: Jul 2007

swe, what's with the double negative?

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Response by CondoPresident
over 13 years ago
Posts: 133
Member since: Nov 2010

Bought fall 08. Comps now at 350-400K above where I bought. pretty f'ing get rich quick to me.

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Response by greensdale
over 13 years ago
Posts: 3804
Member since: Sep 2012

>swe, what's with the double negative?

Maybe it was his horse responding?

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Response by lowery
over 13 years ago
Posts: 1415
Member since: Mar 2008

CondoPresident, silly you. You haven't heard about ...... drum roll ............. shadow inventory. Oh, yes, I know you can't feel it, see it, smell it, or taste it, but that's why it's called "shadow." You and everyone else just don't realize that there's a secret cache of inventory being kept off the market in order to fool you into thinking you have valuable property. When it comes out of the shadow, it's going to be really, really scarey. Of course, never mind that it's being hidden by being temporarily converted to rentals. They're not really renting for as much as they say they are, because people get free rent for signing leases. Etc., etc., etc. You know the drill.

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Response by greensdale
over 13 years ago
Posts: 3804
Member since: Sep 2012

Condo President, eh? Pretty, pretty impressive.

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Response by Lance1
over 13 years ago
Posts: 39
Member since: Apr 2010

Lowery,

Take your head out of your ass. You really sound like an idiot. We're in NYC. Not Atlanta or Las Vegas

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Response by lowery
over 13 years ago
Posts: 1415
Member since: Mar 2008

Hey, Lance1, did you happen to note just a touch of irony in my post? I'm sorry, I should have written down to comic book level so I could not be misinterpreted. What I said in the above post, translated into the most literal, grade-school-level reading, is: "CondoPresident, I guess the talk about shadow inventory was pretty stupid, wasn't it? Even so, look to see more protestations that the Williamsburg market is about to crash." And, just for the record, comments like "take your head out of your ass" are not only rude and obnoxious, but demonstrative of an inability to express oneself using the English language. But that is only to be expected from someone who reads a post agreeing with his or her point of view and then attacking the person because he or she doesn't even realize it. Wow.

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Response by greensdale
over 13 years ago
Posts: 3804
Member since: Sep 2012

>And, just for the record, comments like "take your head out of your ass" are not only rude and obnoxious, but demonstrative of an inability to express oneself using the English language. But that is only to be expected from someone who reads a post agreeing with his or her point of view and then attacking the person because he or she doesn't even realize it. Wow.

Snob.
This is New York, this is how we talk. You got a problem with that?

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Response by wisco
over 13 years ago
Posts: 178
Member since: Jan 2009

lowery, there is NO shadow inventory in Williamsburg. Brokers have buyers. People are doing all cash offers. Please submit the inventory. you are wrong.

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Response by nycfund
over 13 years ago
Posts: 74
Member since: Nov 2008

Stupid = gloating before the check clears.

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Response by mutombonyc
over 13 years ago
Posts: 2468
Member since: Dec 2008

nay!

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