Daily Archives: February 27, 2009
U.S. Virgin Islands on sale
Well, sort of. Prices down maybe 20%, according to the WSJ. I’d suggest waiting for prices to fall 75%. I spent a fair amount of time on all three islands working on a guidebook about a decade ago and, while I … Continue reading
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Nice to know that schnooks come from both sides of the pond
“Sir Fred” Goodwin, the man whose ego and greed drove him to try to expand the Royal Bank of Scotland into one of the big boys and instead brought it to ruin, is getting a $million pension per year, for … Continue reading
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Have girls gotten awful since 1978 or was I just lucky enough to date nice ones?
Out of work? Down on your luck? Stay away from women, you loser, but feel free to call when you get a job. (Thanks to Krazy Kat, who I believe is happily married and no doubt plans to stay that … Continue reading
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Hoist by his own Guitard?
U2 and its leader, Bono, are under fire in Ireland for moving operations to the Netherlands to avoid a new tax on their earnings. Ho hum, another liberal who knows how he wants to spend my money and how he wants … Continue reading
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Where’s Walto?
Hanging out in Palm Beach, according to my source down there, who called today with a Walt and Monica sighting. Just in case you were wondering.
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Breaking News – “Carbon fees” are actually a new tax!
Well who ever would have suspected that? Okay, I mean besides just about everyone with an IQ higher than 12 who didn’t attend an Ivy League college. Still, just in case you “still buy your clothes in New Haven”, as … Continue reading
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A condo sale
340 Valley Road, one of those free-standing houses in a planned unit development, has sold for $2.360, a very good price (for the seller) notwithstanding that he was asking $2.7 million for it since 2007. The buyer obviously liked the … Continue reading
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We all knew this was coming
But still, it’s a shocker when GE cuts its dividend, from 31 cents to a dime. Gee, this was the ultimate widows and orphans (and Warren Buffet) stock. I thought GE was a bargain back when it was at $16. … Continue reading
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Contracts this year
The market is not entirely dead. Twenty-four single famly homes have gone to contract so far this year, almost all of them at the lower end of our price range. One of note is 30 Owenoke in Riverside, purchased for … Continue reading
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Will the Euro go up in smoke?
This guy thinks so.He’s got a track record to back up his prescience on the subprime debacle but whether that says he’s right about the Euro I’ll leave to you readers who know something about all this. If he’s right, … Continue reading
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Just sayin’, II
Nice house, this. Sold: $3.00 Million 7/00 List: $4.4 Million 2/08 New Price: $2.6 Million 2/27/09
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Funniest headline of the day
From the New York Times, of course. Usually leery of their tax-and-spend label, many Congressional Democrats are open to President Obama’s spending plan. What’s so amazing is that, judging from some of my liberal acquaintances who work at the paper, … Continue reading
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Dodd Shocker – he might be a crook!
That’s what this collection of articles on the man’s financial dealings seems to indicate. Who knew?
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Rents falling – sale prices follow?
They usually do, so news that, at least in Britain, rents are dropping is worrisome to those who have hoped to see a bottoming – out of home prices – that would be all of us property owners. The rent/sales … Continue reading
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Just Sayin’
Sold: $2.250 5/04 Sold: $2.495 7/06 Ask: $2.695 4/08 Ask: $2.095 2/27/09
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