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Old Yesterday, 08:52 AM
 
407 posts, read 511,523 times
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Praying that I can move back and buy something in the next 5 years.
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Old Yesterday, 01:44 PM
 
11,283 posts, read 9,632,012 times
Reputation: 6992
Sellers are trying to wait it out.

Quote:
Originally Posted by mathjak107 View Post
We have been watching prices in a co-op down the block from us that we have an interest in....prices are not dropping a dollar yet
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Old Yesterday, 01:45 PM
 
11,283 posts, read 9,632,012 times
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The issue is timing the buy point. You can wait around the bottom, and have to buy on the upswing.

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Originally Posted by Guap06 View Post
I want to buy a 3 family house in the Bronx , but I feel prices are too high and I should wait it out
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Old Yesterday, 04:22 PM
 
Location: Eretz Yisrael
21,472 posts, read 24,534,889 times
Reputation: 8908
Quote:
Originally Posted by mathjak107 View Post
we sold two manhattan co-ops we owned in 2008-2009 for a mere 10% less than the all time high
Same thing here when I sold one in 2010 in Brooklyn.
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Old Yesterday, 11:11 PM
 
3,616 posts, read 3,444,311 times
Reputation: 2688
Quote:
Originally Posted by mathjak107 View Post
We have been watching prices in a co-op down the block from us that we have an interest in....prices are not dropping a dollar yet
Maybe you should upgrade to manhattan, while it’s RE market is in “free falling”...
What’s the difference between living in the outskirts of NE queens and the poconos, after all...

https://nypost.com/2019/10/02/manhat...w8op116i4HiiqY
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Old Today, 04:12 AM
 
Location: Eretz Yisrael
21,472 posts, read 24,534,889 times
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Quote:
Originally Posted by leoliu View Post
Maybe you should upgrade to manhattan, while it’s RE market is in “free falling”...
What’s the difference between living in the outskirts of NE queens and the poconos, after all...

https://nypost.com/2019/10/02/manhat...w8op116i4HiiqY
$999,950 is not an affordable freefall to most people for an apartment.
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Old Today, 06:56 AM
 
73,754 posts, read 73,583,647 times
Reputation: 51324
Quote:
Originally Posted by Pruzhany View Post
$999,950 is not an affordable freefall to most people for an apartment.
Quote:
Originally Posted by leoliu View Post
Maybe you should upgrade to manhattan, while it’s RE market is in “free falling”...
What’s the difference between living in the outskirts of NE queens and the poconos, after all...

https://nypost.com/2019/10/02/manhat...w8op116i4HiiqY



A two bedroom where we would want in manhattan is millions ...are you trying to say bayside queens is like living in the poconos ? You really would be clueless then about that comparison if that is what you are implying
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Old Today, 08:30 AM
 
Location: Eretz Yisrael
21,472 posts, read 24,534,889 times
Reputation: 8908
Quote:
Originally Posted by mathjak107 View Post
A two bedroom where we would want in manhattan is millions ...are you trying to say bayside queens is like living in the poconos ? You really would be clueless then about that comparison if that is what you are implying
You couldn't pay me to live in any of those garden apartments off of Springfield.
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Old Today, 09:21 AM
 
73,754 posts, read 73,583,647 times
Reputation: 51324
Quote:
Originally Posted by Pruzhany View Post
You couldn't pay me to live in any of those garden apartments off of Springfield.
me too , i don't like that area at all . we are in bay terrace. bayside is like flushing . it consists of many different areas .. where i lived in kew garden hills years ago was actually flushing . i would never live in flushing but kew garden hills is something else .. of course i wouldn't give up bay terrace for kew garden hills either
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Old Today, 10:06 AM
 
3,616 posts, read 3,444,311 times
Reputation: 2688
Quote:
Originally Posted by mathjak107 View Post
A two bedroom where we would want in manhattan is millions ...are you trying to say bayside queens is like living in the poconos ? You really would be clueless then about that comparison if that is what you are implying
I was teasing to poke some annoyment out of you for the day...seems like it worked, and thanks for falling precisely as predicted...

We looked at several condo units at the gated community at bay terrace when we decided to move to qns. The condos are nice but the public transportation or traffic to get things done was a big turn off. I understand that you are retired and have nothing else to kill but time so that is probably not an issue.

I have been to both the. Poconos and your beloved bay terrace in the outskirts of qns... glad that you prefer bt. But if I were to choose, the poconos will win. Why would I spend more money on a tiny apartment to endure constant noise and air pollution and traffic jams while not getting the real conveniences of living in nyc...

Does that make sense? Disagreement is allowed here...
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