Will Wall Streeters Blow Their Wads on Real Estate?

StockJockey's avatar
by StockJockey
Monday, December 05, 2005 - 10:58 am

There’s some heated debate over at our sister site, Brownstoner, about whether Wall Streeters are going to be dumb enough to blow their bonuses on overpriced New York real estate this year. What do you think?
Bonuses Trumping Interest Rates in NY [Brownstoner]

Comments:

This off subject. I was wondering if anyone has any good idea of where to get infornation on currency trading for a beginner. I am looking into getting into the mix, but not sure of the best way to do that.

Posted by P  on  12/31/1969  at  03:00 PM

Isn’t that the sort of question you should be asking over at Albourne?

Posted by Anonymous  on  12/31/1969  at  03:00 PM

Albourne is great for that kind of thing

Posted by UTC  on  12/31/1969  at  03:00 PM

Follow the 3 step logic:

1) All Real Estate is “unique,” as there is no two identical places (location, view, etc);

2) I have more money than I can reasonably spend in my lifetime;

3) I want THAT house.

Ergo, I buy it.

Posted by Anon  on  12/31/1969  at  03:00 PM

these (mostly) guys work very very hard. I’ve done it, been there, worked on 2 hours of sleep (if that), living out of a suitcase on banking deals.

Posted by  on  12/31/1969  at  03:00 PM
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