the Lake Wobegon effect? My P-filled post about sellers not adjusting to the current market (pseller psychology pstuck pso psales psuffer?) leads to wondering about Manhattan loft sellers. Although my prior post talked a lot about ego-driven decisions…
Category: psychology of the market
pseller psychology pstuck pso psales psuffer?
Sellers are slow to adapt to current conditions, say some Jonathan Miller on Matrix started a chat about seller psychology, expressing the view that (in general) sellers have not accepted the current market facts. One of the interesting…
NAR pumps up the volume / the politics of boosterism
The National Association of Realtors® ran the first of six full page large newspaper ads last week about now being a great time to buy or sell real estate, which has generated a lot of commentary. I have…
Manhattan apartment prices / more like Tom Cruise than a truck
“economic rent” explained (it is not what you think) UC Berkeley prof Hal Varian is an occasional contributor (I think) to the Economic Scene column in the NY Times business section; today’s column is provocatively entitled “Why Old Media and…
yikes they did it again / NY Times recent sales report suggests optimism?
This week’s set of 5 Manhattan sales in the Sunday Residential Sales Around the Region again reflects (a) a coincidence or (b) an editorial view to breed optimism about he market. As with the last time I commented on…
The politics (?) of press reporting on recent sales / NY Times picks two hot ones
I gotta wonder sometimes about the politics of press reporting on real estate…. I am not saying there is a grand conspiracy going on, or even necessarily a single editorial sensibility. And I have not paid enough strict…
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Rah, rah, sis boom (or sis bah)? Too much happy talk from grown-ups.
Why do professionals in the real estate brokerage world feel compelled to spin all data toward price appreciation, rather than trying to be honest brokers of information and balanced analysis? It is probably unfair to select any specific…
Tagged with: Psychology Of The Market
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