Mark this day in your calendars, ladies & gentlemen: inonada is not infallible. As a reminder, the wager was on the SE price index for sales in Jan 2021 vs. Jun 2021. All participants thought the change would be negligible, but the question was whether it'd go up negligibly or down negligibly. Even though inonada thought the market was heating up, he thought technicalities related to delays in... [more]
Mark this day in your calendars, ladies & gentlemen: inonada is not infallible.
As a reminder, the wager was on the SE price index for sales in Jan 2021 vs. Jun 2021. All participants thought the change would be negligible, but the question was whether it'd go up negligibly or down negligibly. Even though inonada thought the market was heating up, he thought technicalities related to delays in offer => contract => closing, combined with averaging across recent months in the index, would keep Jun 2021 slightly under Jan 2021. He was off by a month. While May was 0.37% lower than January, June was 0.20% higher.
I think there will be slight revisions to the June number in the upcoming month or two from straggler closing records, but 0.20% seems too large a number to overcome...
Month Manhattan
1/1/2021 1022534
2/1/2021 1018735
3/1/2021 1013780
4/1/2021 1015624
5/1/2021 1018797
6/1/2021 1024624
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Response by 300_mercer
over 4 years ago
Posts: 10539
Member since: Feb 2007
Ha, But when Nada was playing with real money for his ultra-luxury rental, he nailed Nov/Dec rental for long lease. I am happy that NYC real estate is recovering and life is normalizing with schools re-opening in person in fall. Too bad that I am moderated, which results in a delay in comment posting, but I will take it to keep the board clean and focused on real estate.
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Response by KeithBurkhardt
over 4 years ago
Posts: 2972
Member since: Aug 2008
Here here Nada! I'm declaring this bet null and void, your balanced and thoughtful contributions over the years have always been an interesting read, especially back in the days of 'West 67th'. You are a gentleman, and of course a scholar ; )
To quote a friend who's in wealth management, I asked about there minimum net worth requirement to take on a new client. He told me that's not the only factor we look at, we don't work with ass*****. We follow a similar model here at the Burkhardt group. And although you're not anonymous to me, I've always had a ton of respect for how you've handled yourself in the wild wild west of Internet forums. Just thought I'd throw that out there...
Keith Burkhardt
TBG
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Response by urbandigs
over 4 years ago
Posts: 3629
Member since: Jan 2006
Lol good stuff here. Fyi, we built a neural network and in the final stages of applying datasets into machine learning model to build a unique new price model for Manhattan real estate. Ya, cool shit coming!
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Response by urbandigs
over 4 years ago
Posts: 3629
Member since: Jan 2006
Lol good stuff here. Fyi, we built a neural network and in the final stages of applying datasets into machine learning model to build a unique new price model for Manhattan real estate. Ya, cool shit coming!
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Response by KeithBurkhardt
over 4 years ago
Posts: 2972
Member since: Aug 2008
Nothing's perfect Noah, however I am certain that the models that you create are significantly better than the opinions of most of the real estate pundits on this website. Good stuff!
We send every client to urbandigs.com
Keith Burkhardt
TBG
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Response by front_porch
over 4 years ago
Posts: 5312
Member since: Mar 2008
Nada, Keith must be a bigger person than me, because I, personally, want my winnings, which I believe come in liquid form....
: >
ali
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Response by inonada
over 4 years ago
Posts: 7931
Member since: Oct 2008
The Inonannisters always pay their debts: the wager is being settled offline.
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Response by Admin2009
over 4 years ago
Posts: 380
Member since: Mar 2014
How do the bets clear ? ? ? LOL
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Response by 300_mercer
over 4 years ago
Posts: 10539
Member since: Feb 2007
Wager settled!! Thank you Nada.
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Response by KeithBurkhardt
over 4 years ago
Posts: 2972
Member since: Aug 2008
We won the battle... Nada won the war ; )
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Response by urbandigs
over 4 years ago
Posts: 3629
Member since: Jan 2006
Yep, Agreed and love it Keith! We are still working through a few challenges, certainly not easy
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Ha, But when Nada was playing with real money for his ultra-luxury rental, he nailed Nov/Dec rental for long lease. I am happy that NYC real estate is recovering and life is normalizing with schools re-opening in person in fall. Too bad that I am moderated, which results in a delay in comment posting, but I will take it to keep the board clean and focused on real estate.
Here here Nada! I'm declaring this bet null and void, your balanced and thoughtful contributions over the years have always been an interesting read, especially back in the days of 'West 67th'. You are a gentleman, and of course a scholar ; )
To quote a friend who's in wealth management, I asked about there minimum net worth requirement to take on a new client. He told me that's not the only factor we look at, we don't work with ass*****. We follow a similar model here at the Burkhardt group. And although you're not anonymous to me, I've always had a ton of respect for how you've handled yourself in the wild wild west of Internet forums. Just thought I'd throw that out there...
Keith Burkhardt
TBG
Lol good stuff here. Fyi, we built a neural network and in the final stages of applying datasets into machine learning model to build a unique new price model for Manhattan real estate. Ya, cool shit coming!
Lol good stuff here. Fyi, we built a neural network and in the final stages of applying datasets into machine learning model to build a unique new price model for Manhattan real estate. Ya, cool shit coming!
Nothing's perfect Noah, however I am certain that the models that you create are significantly better than the opinions of most of the real estate pundits on this website. Good stuff!
We send every client to urbandigs.com
Keith Burkhardt
TBG
Nada, Keith must be a bigger person than me, because I, personally, want my winnings, which I believe come in liquid form....
: >
ali
The Inonannisters always pay their debts: the wager is being settled offline.
How do the bets clear ? ? ? LOL
Wager settled!! Thank you Nada.
We won the battle... Nada won the war ; )
Yep, Agreed and love it Keith! We are still working through a few challenges, certainly not easy