Owners don't want renters next door

During our tenure in current building, individual moved into the big unit on our floor about same time we moved into the smallest line; ran into him in the hallway about 8 mos. after we had moved into our respective units. He introduced himself and said he'd love to find a time to get us over for some wine and cheese. He was quite friendly and chatty, until . . . he asked when we bought. We told him we were just renting. His face fell, and he could not get away fast enough! We were away from the building for a few months, and when we came back, his unit had been put on the market. (Sold within a few months for 6% above what seller had paid just a year earlier, though seller certainly lost money overall in transaction costs alone). Something we said?

This is very true.
We hate renters except when we decided to rent out our place, but the reasons are complex. First there's the emotional response that the renter hasn't earned his or her way in the same way buyers have, then we have more down to earth reasons such as a lot of renters brings down property values(they do) or that renters may not take care of a property the same way an owner does(on average they do not). And face it a neighborhood is better when the people living their are owner/residents.

so that's why you love condos over coops?

really?

C0C0 are most people in C0lumbia C0unty renters or owners?

oh look...heres riversider in all its glory.

how do you choose who to be?

Hi C0C0, just a little advice, sometimes take a pause before responding if you are trying for something witty. Just above - wouldn't it have been more sensible to take an extra minute or two to formulate your response and then you could have posted the really clever response as your one and only response leaving the streeteasy community impressed with your intellect. Now, with two responses, one a full 3 minutes after your first, you don't shine as much as you could have.

to goad or not to goad....

no question for you is there?

Do they have goads up in C0lumbia C0unty?

looks like you answered the question.

no surprise.

I do not have all of the answers; I am not inoitall. (by the way, have you and inoitall gotten together for your cream cheese thing?)

aha! cream cheese! So you admit you're Riversider. That wasn't so difficult for you, was it, troll?

Nasty. What cream cheese "thing"

You're far worse than noitall. You're spouitall.

Renter scum.

Hahahahahaaaa. Riversider has sex with his cats.

aboutready
about 2 hours ago
Posts: 15960
Member since: Oct 2007
ignore this person
report abuse
>Nasty. What cream cheese "thing"

I agree aboutready. A week or two ago, inoitall seemed to have a cream cheese issue with Riversider that C0C0 piled on to (no pun intended). I thought that was sick. Not that our point of view is an anomaly or unique, but it is good to know aboutready, that you and I agree on this weird sick issue raised by inoitall and supported by C0C0 about Riversider.

>> the reasons are complex. First there's the emotional response that the renter hasn't earned his or her way in the same way buyers have

Insecurity is not all that complex.

>> individual moved into the big unit on our floor about same time we moved into the smallest line

Well, there's the problem: you should be renting the big unit. Then you'd get a mix disgust and envy. Now that is a complex emotion.

Nada - don't forget bemusement. Friend married to banker is furious at spouse for not buying "home" for the family, which includes 3 teenage boys. They have mulit-year lease on extraordinary loft in Tribeca, and said banker is in mid-40's and actually knows what to do with capital that they might otherwise put into home. Mutual friends can't understand why they aren't buying and sometimes speculate that said family might not have that much money after all. I shut down that gossip whenever I hear it b/c though I don't know inner workings of their finances, I understand where said banker is coming from. Prejudice against renters is not cool on mulitple levels. Friend who wants a "home" for the kids explained that she has to deal with other friends feeling sorry for her b/c her husband is so cheap; I said she will have last laugh when they retire to their own private island.

Or simply when they are able to easily flee a neighborhood gone bad. Like TriBeCa, for example.

I am guessing that buying that space in Tribeca is easier said than done...

nonada
about 2 hours ago
Posts: 4998
Member since: Oct 2008
ignore this person
report abuse
>> the reasons are complex. First there's the emotional response that the renter hasn't earned his or her way in the same way buyers have
>Insecurity is not all that complex.

Considering some people are so weak willed that they can be goaded into making a material financial decision based on what I say, I'm thinking I agree - if you are insecure, you are insecure.

Its not all bad. Im in a small co-op and we interview renters same as future owners.
We have 1 rental couple now in the building and they are nicer than the owner.

And I'll be honest, after my first year in the building living next to kids before they sold, I'd much rather have renters next door.