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	<title>Comments on: &#8220;The owners have already walked out — just given up&#8221;</title>
	<atom:link href="http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/</link>
	<description>Real Estate, Economics, and Politics</description>
	<lastBuildDate>Thu, 09 Feb 2012 20:33:35 +0000</lastBuildDate>
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		<title>By: Joel Antonis</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-354104</link>
		<dc:creator>Joel Antonis</dc:creator>
		<pubDate>Thu, 24 Dec 2009 18:49:21 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-354104</guid>
		<description>Nice web site you have here. I like what you wrote in this post. I have been playing &lt;a&gt;Mario Kart&lt;/a&gt; on the Wii a lot lately. Have you tried it yet? I think you&#039;d like the gameplay. &lt;a href=&quot;http://www.wii-chip.com&quot; rel=&quot;nofollow&quot;&gt;Click here if you&#039;d like to check out my site&lt;/a&gt;.</description>
		<content:encoded><![CDATA[<p>Nice web site you have here. I like what you wrote in this post. I have been playing <a>Mario Kart</a> on the Wii a lot lately. Have you tried it yet? I think you&#8217;d like the gameplay. <a href="http://www.wii-chip.com" rel="nofollow">Click here if you&#8217;d like to check out my site</a>.</p>
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		<title>By: Seneca</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342675</link>
		<dc:creator>Seneca</dc:creator>
		<pubDate>Sun, 29 Nov 2009 12:06:37 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342675</guid>
		<description>#53 - subleasing of office space?  Is this a trick question?

I know some attorneys who saw their RE practice partners lose so much business, they have since taken corporate jobs to pay the bills.  That leaves a lot of empty office space.  May as well try to sublet it.</description>
		<content:encoded><![CDATA[<p>#53 &#8211; subleasing of office space?  Is this a trick question?</p>
<p>I know some attorneys who saw their RE practice partners lose so much business, they have since taken corporate jobs to pay the bills.  That leaves a lot of empty office space.  May as well try to sublet it.</p>
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		<title>By: grim</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342670</link>
		<dc:creator>grim</dc:creator>
		<pubDate>Sun, 29 Nov 2009 10:26:09 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342670</guid>
		<description>&lt;i&gt;I think it’s time to move to Maui.&lt;/i&gt;

Prices aren&#039;t bad in Maui right now.

You get considerably more for your money in Maui over, say, LBI or Guido Beach.

But you&#039;ve better have cash and an in-demand job, because those are both scarce out there.</description>
		<content:encoded><![CDATA[<p><i>I think it’s time to move to Maui.</i></p>
<p>Prices aren&#8217;t bad in Maui right now.</p>
<p>You get considerably more for your money in Maui over, say, LBI or Guido Beach.</p>
<p>But you&#8217;ve better have cash and an in-demand job, because those are both scarce out there.</p>
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		<title>By: chicagofinance</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342667</link>
		<dc:creator>chicagofinance</dc:creator>
		<pubDate>Sun, 29 Nov 2009 05:12:30 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342667</guid>
		<description>Ulquin = Ulqin</description>
		<content:encoded><![CDATA[<p>Ulquin = Ulqin</p>
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		<title>By: chicagofinance</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342666</link>
		<dc:creator>chicagofinance</dc:creator>
		<pubDate>Sun, 29 Nov 2009 05:11:11 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342666</guid>
		<description>Also can you explain what is happening here?

http://www.youtube.com/watch?v=h_i8guIC6wc&amp;feature=player_embedded</description>
		<content:encoded><![CDATA[<p>Also can you explain what is happening here?</p>
<p><a href="http://www.youtube.com/watch?v=h_i8guIC6wc&amp;feature=player_embedded" rel="nofollow">http://www.youtube.com/watch?v=h_i8guIC6wc&amp;feature=player_embedded</a></p>
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		<title>By: chicagofinance</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342665</link>
		<dc:creator>chicagofinance</dc:creator>
		<pubDate>Sun, 29 Nov 2009 05:09:00 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342665</guid>
		<description>Ulquin Albani:

http://www.skyscrapercity.com/showpost.php?p=46580337&amp;postcount=317</description>
		<content:encoded><![CDATA[<p>Ulquin Albani:</p>
<p><a href="http://www.skyscrapercity.com/showpost.php?p=46580337&amp;postcount=317" rel="nofollow">http://www.skyscrapercity.com/showpost.php?p=46580337&amp;postcount=317</a></p>
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		<title>By: Barbara</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342664</link>
		<dc:creator>Barbara</dc:creator>
		<pubDate>Sun, 29 Nov 2009 04:23:07 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342664</guid>
		<description>Here&#039;s an unusual listing......
http://www.zillow.com/homedetails/570-W-Mount-Pleasant-Ave-Livingston-NJ-07039/2135711431_zpid/

what do you all make of it?</description>
		<content:encoded><![CDATA[<p>Here&#8217;s an unusual listing&#8230;&#8230;<br />
<a href="http://www.zillow.com/homedetails/570-W-Mount-Pleasant-Ave-Livingston-NJ-07039/2135711431_zpid/" rel="nofollow">http://www.zillow.com/homedetails/570-W-Mount-Pleasant-Ave-Livingston-NJ-07039/2135711431_zpid/</a></p>
<p>what do you all make of it?</p>
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		<title>By: lostinny</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342661</link>
		<dc:creator>lostinny</dc:creator>
		<pubDate>Sun, 29 Nov 2009 02:36:28 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342661</guid>
		<description>I think it&#039;s time to move to Maui.</description>
		<content:encoded><![CDATA[<p>I think it&#8217;s time to move to Maui.</p>
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		<title>By: Seneca</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342659</link>
		<dc:creator>Seneca</dc:creator>
		<pubDate>Sun, 29 Nov 2009 01:39:37 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342659</guid>
		<description>#45 - I guess our subset of investment banker friends swing in different circles.  I don&#039;t know any bankers who have ever set their sites on 400-500k POS Capes.

They start out renting or owning in Manhattan or worst case, Gold Coast.  When the family gets too big for the apartment, they branch out to Upper HaughtyVille.  They pay 700-900k for homes that smell more like 500-750 to me.  Then they dump another 200k in to make it &quot;their own&quot;.  And these aren&#039;t high flying MD types.  Basic Veep level who want the good schools and decent commute.  They are out there.

As for the top level guys, they are all working on upgrading their terraces at their Rumson estates to full-blown Cipriano designed lanais.

As best I can estimate, the 400k Cape market was being driven by people bad at math who concluded that an $8k tax credit made it worth their time.</description>
		<content:encoded><![CDATA[<p>#45 &#8211; I guess our subset of investment banker friends swing in different circles.  I don&#8217;t know any bankers who have ever set their sites on 400-500k POS Capes.</p>
<p>They start out renting or owning in Manhattan or worst case, Gold Coast.  When the family gets too big for the apartment, they branch out to Upper HaughtyVille.  They pay 700-900k for homes that smell more like 500-750 to me.  Then they dump another 200k in to make it &#8220;their own&#8221;.  And these aren&#8217;t high flying MD types.  Basic Veep level who want the good schools and decent commute.  They are out there.</p>
<p>As for the top level guys, they are all working on upgrading their terraces at their Rumson estates to full-blown Cipriano designed lanais.</p>
<p>As best I can estimate, the 400k Cape market was being driven by people bad at math who concluded that an $8k tax credit made it worth their time.</p>
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		<title>By: frank</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342658</link>
		<dc:creator>frank</dc:creator>
		<pubDate>Sun, 29 Nov 2009 01:11:40 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342658</guid>
		<description>Tiger got beat up by his wife..... oppsssss

TMZ had earlier reported that a source had informed them that Tiger Woods had had a heated altercation with his wife over reports that he was having an affair. After she attacked him, he left, but she followed him with the golf club. He was distracted (possibly by the golf-wielding blonde whacking his SUV?) and hit the hydrant and tree.</description>
		<content:encoded><![CDATA[<p>Tiger got beat up by his wife&#8230;.. oppsssss</p>
<p>TMZ had earlier reported that a source had informed them that Tiger Woods had had a heated altercation with his wife over reports that he was having an affair. After she attacked him, he left, but she followed him with the golf club. He was distracted (possibly by the golf-wielding blonde whacking his SUV?) and hit the hydrant and tree.</p>
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		<title>By: schabadoo</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342657</link>
		<dc:creator>schabadoo</dc:creator>
		<pubDate>Sun, 29 Nov 2009 00:36:54 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342657</guid>
		<description>Where are you securing this in the Northern hemisphere?</description>
		<content:encoded><![CDATA[<p>Where are you securing this in the Northern hemisphere?</p>
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		<title>By: sas</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342653</link>
		<dc:creator>sas</dc:creator>
		<pubDate>Sat, 28 Nov 2009 21:13:40 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342653</guid>
		<description>ahh... i throughly enjoy a good Yerba maté.

SAS</description>
		<content:encoded><![CDATA[<p>ahh&#8230; i throughly enjoy a good Yerba maté.</p>
<p>SAS</p>
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		<title>By: sas</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342652</link>
		<dc:creator>sas</dc:creator>
		<pubDate>Sat, 28 Nov 2009 21:12:29 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342652</guid>
		<description>had a good Tday. had to damn feed an army.
now, I&#039;m flat broke.

Recession xmas for me.

where is my bailout?  

SAS</description>
		<content:encoded><![CDATA[<p>had a good Tday. had to damn feed an army.<br />
now, I&#8217;m flat broke.</p>
<p>Recession xmas for me.</p>
<p>where is my bailout?  </p>
<p>SAS</p>
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		<title>By: Al Gore</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342648</link>
		<dc:creator>Al Gore</dc:creator>
		<pubDate>Sat, 28 Nov 2009 17:57:30 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342648</guid>
		<description>supposing the dollar is secure....when might the banks begin dumping these foreclosed properties?...there is a problem...they cant dump them until they﻿ are solvent....if they have to take the market value of these properties the banks would go into insolvency....they will liquidate the properties when the government promises them the difference between wholesale and book.</description>
		<content:encoded><![CDATA[<p>supposing the dollar is secure&#8230;.when might the banks begin dumping these foreclosed properties?&#8230;there is a problem&#8230;they cant dump them until they﻿ are solvent&#8230;.if they have to take the market value of these properties the banks would go into insolvency&#8230;.they will liquidate the properties when the government promises them the difference between wholesale and book.</p>
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		<title>By: 3b</title>
		<link>http://njrereport.com/index.php/2009/11/28/the-owners-have-already-walked-out-%e2%80%94-just-given-up/#comment-342647</link>
		<dc:creator>3b</dc:creator>
		<pubDate>Sat, 28 Nov 2009 17:47:11 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4910#comment-342647</guid>
		<description>#43 Oh yes I do. Don&#039;t believe all the hype. The bonus money is for the small numbers at the top. I have been on the street for years. I know what I am talking about. 

The people that would be paying the 400 to 500K for a pos cape if they were buying ain&#039;t getting the big bonus money.</description>
		<content:encoded><![CDATA[<p>#43 Oh yes I do. Don&#8217;t believe all the hype. The bonus money is for the small numbers at the top. I have been on the street for years. I know what I am talking about. </p>
<p>The people that would be paying the 400 to 500K for a pos cape if they were buying ain&#8217;t getting the big bonus money.</p>
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