More & more empty store fronts in Chicago. Beware commercial Real Estate.

[nkhoi]

Quote from the1:

.. Literally one for sale sign after another.

a picture?

 

[dumb_mother]

Quote from ChkitOut:

I'm telling you, I've hung out in a few bars and have
felt like I was about ready to get into a fight for nothing.

i'm sure it was the nice midwesterners and not your jersey shore ass starting the fights

on a side note i'm renting in chicago with no plans of ever buying in the city- i'll move out to the suburbs somewhere in a few years to start a family where my kids actually have a lawn to play in- no reason to buy now and lose 30% of the homes value and then resell to move to the suburbs.

housing is so overpriced in chicago- if the life blood of the housing market is new students coming into the city, getting good jobs and working their way up to home ownership- well if that is the case people will eventually notice there are no new buyers coming up, and the log of houses for sale will only grow from here.

 

[ChkitOut]

Quote from dumb_mother:

i'm sure it was the nice midwesterners and not your jersey shore ass starting the fights

Ha, no definitely not that type.. I'm kind of having fun
with all this but half way serious.

 

[macroman]

Quote from bone:



Is the Fed wrong? Sure. Can I outlast them in terms of capital? No way. Ditto for Fannie Mae and Freddie Mac.

This is selling part of the above idea. Same story as with stocks before '08. Cant fall as govt will buy them. And then 60% fall. Sure, now easier/cheaper to protect

Once govt get enough response and belief from people that this UNWRITTEN assumption works , will withdraw support and happily let them hold the bag all the way down.

And then continue protecting

 

[pspr]

Quote from ChkitOut:

Ha, no definitely not that type.. I'm kind of having fun
with all this but half way serious.

Just for the record, RUDE starts in Manhattan and radiates out from there. The farther you are from Manhattan, the nicer the people will be in general.

 

[Rehoboth]

Quote from pspr:

Just for the record, RUDE starts in Manhattan and radiates out from there. The farther you are from Manhattan, the nicer the people will be in general.

You probably should say LA and Manhattan. And it goes from there.

 

[bone]

Wow, peace on earth on good will towards men.

Chkitout: why the unsolicited and impulsive aggression? We're talking real estate prices and you just make a really silly judgemental value statement about people.

Chillax. Check that shit at the door.

 

[ChkitOut]

Quote from bone:

Wow, peace on earth on good will towards men.

Chkitout: why the unsolicited and impulsive aggression? We're talking real estate prices and you just make a really silly judgemental value statement about people.

Chillax. Check that shit at the door.

I'm just having a little fun.

I LOVE Chicago! I do.

And I will say this, people do dress a lot better in Chicago.

 

[bone]

chkitout:

You remind me of my little brother; once I schooled him about how not to be such a buzz-kill, and wonder of all wonders he finally got laid.

Of course, the dipshit went off and married the girl, but I did try.

 

[the1]

Hit google maps, type in the address you see on this pic and take a stroll west down 167th street. It eventually turns into Division St. You'll see For Sale signs along the way. The attached pic is an example of one of the many, many homes that are vacant. This entire area is littered with vacancies of this size.

http://maps.google.com/

Quote from nkhoi:

a picture?