NYT: 1BR Glut

steve does his share of stupid name-calling, but Eddie is definitely the crudest one. Notice how the ones with the least substance, like Eddie, shout the most insults?

Is LIC REALLY talking about those who insult? Dude, I've seen you go 100 posts with nothing but insults in each one...

Buster approximately 90% of the posts are extremely negative on Manhattan RE. Not sure what's going to happen this year or next but I do see rents having an impact on this particular market. I closely watch the Soho, GV, West Village, and Tribeca area for that's what I'm most interested in. In this particular area I haven't seen any downside change on rental prices in fact I have only noticed increases in buildings that I am following. If rentals are increasing and more people will be renting in this area due to fact that they either are too nervous to buy or they can't qualify for a mortgage than I don't see how rental vacancy rates in this particular area can increase.
What happens in Harlem or the far UWS maybe totally different.

Eddie, lay off the 'roids, man. It's going to shrink what's left of your tiny penis.

You say you called the decline a year in advance? Since you "called" a decline, haven't median and average prices GONE UP?

I'll pull an Eddie and go on record and say that I predict that real estate prices in NYC will go up! When prices do start to climb back, I'll proclaim myself a genius for having calling it so many years in advance.

You can fit 5 of my apartments in yours? Umm...well...I can fit 10 of your apartments in mine! No, 20! Wow, it's great to talk shit on the internet where we can't prove anything!

You really are a stupid assclown.

BTW, prices in NYC are going UP!!!

10013, talk all you want... you're clearly an idiot. And your posts are there for everyone to see...

I'm sorry you are bitter, but all your posting won't make you any less poor.

Gotcha. I would agree that SoHo, GV, WV, TriBeCa are going to be more insulated, however, it's hard to imagine that they won't be affected at all. Time will tell...

We can't name half the neighborhoods south of 96th street and expect them all to be insulated...
;-)

Some will fare worse than others... but I still think everything is taking a minimum 10% hit, maybe more...

This notion that more desirable neighborhoods hold up better makes no sense. Yes, these neighborhoods are more desirable, but that is already factored into the price. Does Google hold up better when the market sells off because it is a great company? No. The fact that it is a great company is factored into the price. Prices move based on market developments relative to expectations. If expectations are sky high that leaves all the more room to disappoint.

No worries, Eddie, I'm not going anywhere. If you think MY posts are idiotic, you should reread some of yours.

Here's a beauty from a few posts back:

"Got nothing else but insults? Dude, I can fit 5 of your apartments inside mine."

What are you, in grade school? Nothing is going to change the fact that you are a small, poor, borderline retard with a tiny penis.

Oh my lord, I think we've found the new hypocrite king of the board... 10013 it is!

> This notion that more desirable neighborhoods hold up better makes no sense. Yes, these
> neighborhoods are more desirable, but that is already factored into the price.

Well said, mbz. The ones stretched out most on price are often the ones that have to take the hardest hits... especially with some of the freakish PSFs paid. Sorry, but $3-4k psfs just aren't sustainable.

> "Got nothing else but insults? Dude, I can fit 5 of your apartments inside mine."

And, dude, that wasn't an insult, that was a logical assessment based on your belief that I was lying about my square footage. Your reaction was priceless!

But only you have brought up wives and penises. Not quite sure if you're a homophobe or something else yet...

Eddie, try using your inner voice for a little bit.

Shhhh

Shhhhh