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Thread: Real Estate Crash thread
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03-31-2020, 07:05 PM #8476
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03-31-2020, 07:10 PM #8477
A lot of NYC trades are union gigs that have been passed down generation to generation. You gotta know someone.
Manhattan's median annual household income is $66,739. Brooklyn's is $44,850.
Boise, ID has a significantly higher average house income than Brooklyn (~$48k)
Denver has the exact same (literally down to the dollar) median household income as Manhattan.
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03-31-2020, 07:18 PM #8478
Ok one more time, I was being sarcastic.
I am sympathetic. Hipster guy garners no sympathy when you lead a serious article about the plight of hard working people. He is not a hard worker by my estimation nor by the estimation of most Americans.
He should play music in Boise where the rent is cheaper I guess.
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03-31-2020, 08:21 PM #8479
Where in the hell in Brooklyn is rent $600?
Forum Cross Pollinator, gratuitously strident
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03-31-2020, 08:33 PM #8480
The world does need artists. Would be a really fucking boring place if the artists gave up trying to make a living off of art and all became plumbers and electricians and whatnot.
"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
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03-31-2020, 08:34 PM #8481
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03-31-2020, 08:36 PM #8482
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03-31-2020, 08:53 PM #8483Funky But Chic
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I saw a little bit yesterday about inklings of a national rent strike. It'll probably never happen. But if I was scraping and not sure where I was gonna get money for food I sure as hell wouldn't fire off a check to Jared Kushner.
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03-31-2020, 09:02 PM #8484Hucked to flat once
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03-31-2020, 09:04 PM #8485Funky But Chic
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Speaking of exciting, you feel the quake in Boise?
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03-31-2020, 09:08 PM #8486
On the topic of Air B&B rentals suddenly going long term rental, I looked in the Mammoth Times and found a sweet 2 bdrm 3 bath place that is cool with my 2 dogs for the next 12 months. The wife scoffed at me. Pretty annoyed.
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03-31-2020, 09:11 PM #8487
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03-31-2020, 09:16 PM #8488Hucked to flat once
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03-31-2020, 09:39 PM #8489
It was sarcasm. Sensitive bunch here.
In the future i won’t point out the esteemed times sounded more like a village voice article.
I was merely pointing out that $600 seemed cheap and the dude looked like he hasn’t been able to pay rent ever. Almost looked like a parody article in the onion.
That fucking rent wouldn’t get you a trailer in Myrtle beach and John Q. Public doesn’t care about a fucking underemployed hipster musician.
Plenty of people play music at night after their day jobs. The guy was clearly half employed before the crisis.
That’s all.
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03-31-2020, 09:40 PM #8490
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03-31-2020, 09:52 PM #8491Registered User
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I get your point. They should have picked more sympathetic working man for the piece. There’s plenty of working class families out of the 2.5 million people living there, pick a single dad or mom with 5 kids and not your wife’s brother or whatever for the story because you are lazy.
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03-31-2020, 09:53 PM #8492Funky But Chic
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whoa the hipster again.
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03-31-2020, 10:13 PM #8493Registered User
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03-31-2020, 11:13 PM #8494
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04-01-2020, 03:54 AM #8495
The bottle of Pelligrino is a nice touch while crying poverty.
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04-01-2020, 09:55 AM #8496
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04-01-2020, 11:31 AM #8497
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04-01-2020, 04:01 PM #8498
https://www.marketwatch.com/story/th...of2&yptr=yahoo
“The place to look right now is the FHA market with the credit quality of their borrowers,” Calabria said. “They are going to be the first canary in the coal mine if you will in terms about what the broader implications are going to be.”"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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04-01-2020, 08:11 PM #8499Funky But Chic
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So we put this house on the market again late-February. Dow was like 29,000, coronavirus seemed far away. Things changed, obviously. But we left it on the market, figured the exposure can't hurt anything but certainly didn't expect anything at all as far as interest until all this has simmered down, if then.
But a party of interest has emerged. Selling a house in the throes of a pandemic is...different. At first they asked for a tour/viewing/whatever the correct term is, and we declined. Too crazy to have strangers in the house. Plus, we have 5 people here, everybody's working on stuff, the weather has been pretty shitty and everything's closed so we can't even wait in a coffee shop or whatever, so we said No Thanks.
But they persisted. The other day, through the realtor, they asked if they could walk around outside. I had to go out for a bit and they came while I was gone, but a couple with 4 children came and walked around outside. Apparently everyone here was too petrified of them, or the virus, or something, to even just open a door and wave and call out a greeting, which seemed odd to me and had to be weird for our visitors.
I kinda figured that would be the end of it, but still they persist. We got a request that we allow their realtor into the house to do a facetime tour. The agent would wear gloves and a mask and not touch anythng in the house. Still that was too much for some of the people here, and we declined yet again.
Yet they refuse to be deterred. So now on Saturday my daughter and I will be conducting a facetime tour for them. My daughter's gonna run the camera, they'll say where to go and what to look at, and I'll be there to answer any questions. Should be weird but who knows what will happen.
As our agent said, he's spent his entire career trying to get as many people into houses as possible, but now he's trying to figure out how to keep them out. We'll see what happens. I'm not holding my breath. But I would so take the money and run.
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04-01-2020, 08:20 PM #8500
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