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RE Crash and Divorce... wife or apartment... hmmmmmm?

Started by w67thstreet
over 17 years ago
Posts: 9003
Member since: Dec 2008
Discussion about
http://www.nytimes.com/2008/12/30/us/30divorce.html?hp I believe in NYC you can get a law firm specializing in pre-foreclosure, pre-nupts with a discount on bankruptcy and divorce following and they'll throw in a 2% off brokerage listing for Elliman.....
Response by w67thstreet
over 17 years ago
Posts: 9003
Member since: Dec 2008

In a 1 bdrm, how does my ex and I bring the new partners in at the same time... if it's awkward in a 2,000sqft two story house... it's got to be brutal in an NYC apartment :)

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Response by Admiral
over 17 years ago
Posts: 393
Member since: Aug 2008

That's easy. Your apartment, over time, should appreciate in value. That is, it should be ACCRETIVE to your net wealth. Now, i realize that isn't necessarily true at a time like this, but in general it is true and if you time your purchase well (say, buy 18 months from now) it will be true.

Your wife, on the other hand, is a depreciating asset. Particularly if she is over 30. And she is most likely DILUTITVE to your net wealth.

The answer is clear.

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Response by abrokernyc
over 17 years ago
Posts: 21
Member since: Oct 2007

hahahahaha... I think it may depend on what the wife brings to the table ;)

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Response by Admiral
over 17 years ago
Posts: 393
Member since: Aug 2008

"I think it may depend on what the wife brings to the table ;)"

Sure, but too many of them today bring *nothing* except credit card bills and a sagging butt. They think their value is that they are "wonderful company". Only they're not. Then there are the fat and the fuggly, who brag "I'm such a catch I have a CAREER!" Like that ever meant anything to a guy...

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Response by wowAdmiral
over 17 years ago
Posts: 6
Member since: Dec 2008

Wow Admiral, do you have anything nice to say about anything? How is that fight going that you insist on with the real estate brokers?

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Response by Admiral
over 17 years ago
Posts: 393
Member since: Aug 2008

Wow, my v. own fan club! I ***LUV LUV LUV*** it!

Actually, I have a LOT of nice things to say about people. Like the guy who cured polio. And the guy invented breast implants. And the dude who formulated Johnny Walker Black. Each was a prince of a guy. But realtors? Allah will roast their stomachs in hell...

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Response by wowAdmiral
over 17 years ago
Posts: 6
Member since: Dec 2008

What happened to the discussion where you were going to fight a real estate broker? Was that deleted as just too inflamatory?

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Response by nopigsorshrimp
over 15 years ago
Posts: 398
Member since: Jan 2009

http://streeteasy.com/nyc/talk/discussion/21853-short-sale-w67ths-take-on-it

w67thstreet
14 minutes ago
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nyc10023... let's put things in perspective. The mother who killed her 4 children (even she didn't have the heart to slit the throat of the 2yo) and herself had "money" problems... a significant part of which was her housing, which were in fact pumped up to ridiculousness by the bubble... manhattan was ground zero of this bubble. Now I am left to wonder is she wouldn't have killed her children if she just was a single mother w/ a rebellious 14yo boy and not someone who had to split a gyro for 4 children as their dinner and almost evicted 2 from a bubble based rents...

The manhattanites trying to move their rent-o-meters up and down several hundred dollars for 1) walk up 2)borker fees 3) doorman 4) closeness to trains 5) the "right" school district 6) proximity to fairways... I drop not a tear. Go live in LIC if you think you are forced to being life poor and housing rich....

I can't imagine the despair of a parent to kill their own and the fear of the younger daughter watching her older sister being killed by her mother haunts me. Hey julialarge/riversider... rejoice 5 less ppl on the welfare rolls, but the billions of $ for banks/gm/unions... thatz.. "capitalism" right?

fking idiots.

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