Miller Samuel Report
Started by hotproperty
almost 17 years ago
Posts: 277
Member since: Nov 2008
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Yep - trailing data. Prices didn't really start falling seriously until Q4 08; we will see the impact in MS's reports for Q1 & Q2 09. I don't think they will be as bad as some expect.
You really wouldn't want to seriously bet on that?
What's the over under? I am taking the under on 15% average PPSF Manhattan.
You really wouldn't want to seriously bet on that?
I would like to bet on it. We'll see.
hotproperty, did you ever back out your contract (see below), or are you long two manhattan properties now?
"hotproperty
about 10 weeks ago
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Thanks guys! I foolishly signed a contract for an apartment without selling my current one. I am uncomfortable holding 2 mortgages and 2 maintenances. Trying to decide if I should cut my losses and walk away from the deposit. How much lower is this market going to go?"