NY Real Estate
Posted by Peter Fluchere
All the announcements are in! We have 60 something days to elect the next national cheerleader who promises everything will be different.
Real Estate isn't quite so quick to fix. "Everything" apparently is easy, "something" is more difficult. There are few supply and demand constraints on realty, and people make decisions that are surprising. Isn't it said that the less something costs, the more time will be spent deciding whether to buy it?
We take a minute to choose the catsup, $0.39 to $0.41, how much per ounce, etc. And spend $450,000, in a heart beat, because we like the granite counter tops in a raised ranch.
Is the public ready to come back to the negotiating table? I say, the industry has been on strike, since the buyers got up from the table. With sellers now offering concessions, it makes the end of the strike seem more likely, sooner than later.
What we have experienced in the New York area since 9/11 has no precedent. Behaviors, encouraged by any number of sources of blame, led to bad decisions on many participants' part.
A binge if there ever was one.
So, the hangover that we have been feeling, of too much lobster and champagne Ie: granite counter tops in Lake Carmel, has led to this readjustment. It has been overdue since 2003, much less June 2005, when the clocks stopped.
New York State leadership has to come to terms with its own bad behavior and bad decisions. It is strange that where people live is affected so much by a few people, in a big room with oil paintings on the walls of dead guys, who make self serving choices, and pretend that it is a good deal for everyone.
People will leave NY until there is something to come here for. What is presently attracting folks isn't what the rest of us have in mind. Good schools, in a crime free environment, with extortionary taxes, to escape the opposite, just a few exits on a few parkways below us?
In my opinion, there won't be "real" real estate until the" jobs return to Capistrano." This isn't a retail problem ,it is reprehensible government policy.
Only the swallows still seem to be flying north right now.
We take a minute to choose the catsup, $0.39 to $0.41, how much per ounce, etc. And spend $450,000, in a heart beat, because we like the granite counter tops in a raised ranch.
Is the public ready to come back to the negotiating table? I say, the industry has been on strike, since the buyers got up from the table. With sellers now offering concessions, it makes the end of the strike seem more likely, sooner than later.
What we have experienced in the New York area since 9/11 has no precedent. Behaviors, encouraged by any number of sources of blame, led to bad decisions on many participants' part.
A binge if there ever was one.
So, the hangover that we have been feeling, of too much lobster and champagne Ie: granite counter tops in Lake Carmel, has led to this readjustment. It has been overdue since 2003, much less June 2005, when the clocks stopped.
New York State leadership has to come to terms with its own bad behavior and bad decisions. It is strange that where people live is affected so much by a few people, in a big room with oil paintings on the walls of dead guys, who make self serving choices, and pretend that it is a good deal for everyone.
People will leave NY until there is something to come here for. What is presently attracting folks isn't what the rest of us have in mind. Good schools, in a crime free environment, with extortionary taxes, to escape the opposite, just a few exits on a few parkways below us?
In my opinion, there won't be "real" real estate until the" jobs return to Capistrano." This isn't a retail problem ,it is reprehensible government policy.
Only the swallows still seem to be flying north right now.