Recession? What recession?
By adamg - Thu, 10/09/2008 - 2:41pm.
Location
Hotel
776 Boylston St.
BostonUnited States
42° 20' 56.4504" N, 71° 4' 52.6008" W
The Boston Condo Guy reports a condo at the Mandarin Oriental just came on the market at $16.9 million.
So if you'd like an 8,000-square-foot condo with floor-to-ceiling views to watch the gentle flickering of bonfires lit by the rabble as they build Hoovervilles on the Common, you better hurry; at prices like this, it's sure to go quickly.
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Recession?
I'll believe we're actually in a "recession" the minute I see that people have stopped having the time or energy to write "my Starbucks sandwich was half-cooked" blog entries.
I'll believe it when
I'll believe it when we actually have two consecutive quarters of negative growth (definition of recession, right?).
But lord, I hope that that does not actually happen.
Negative growth?
Really?
Anyway, I'll buy the condo for 100 grand. Somebody outbid me.
Recession when...
I'll believe it when the unemployed start to organize and have a visible, persistent presence.
I couldn't care less about GDP growth. I care about the availability of food, water, energy and protesting masses (riots).