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The Hamptons summer rental market is facing an unexpected chill as inventory piles up and prices come down
CNBC ^ | 5-31-22 | Robert Frank

Posted on 06/04/2022 5:07:59 PM PDT by dynachrome

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$70,000/month asked. $45,000/month offered. Geez.
1 posted on 06/04/2022 5:07:59 PM PDT by dynachrome
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To: dynachrome

Cheaper than Disneyworld, per day.


2 posted on 06/04/2022 5:11:24 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: dynachrome

Now that’s a bargain! I’ll take it for both July AND August.

If you want to mow the lawn for us, I’ll let you stay in the garden shed.


3 posted on 06/04/2022 5:11:48 PM PDT by ProtectOurFreedom (Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
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To: dynachrome

(Morabito said he represented one waterfront rental that was asking $70,000 a month, but a potential renter offered just $45,000)

3 months $135,000 instead of $210,000.

I had to spend the other $75,000 on food and gasoline. 😜


4 posted on 06/04/2022 5:12:46 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: Larry Lucido; SaveFerris; mylife; PROCON
Falling prices have not affected the topless sunbathing at the Hamptons.


5 posted on 06/04/2022 5:13:09 PM PDT by Rebelbase
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To: dynachrome

The kind of people who pay that kind of money for a vacation rental are experiencing seeing their investments take a dive, Carter-era inflation, etc.


6 posted on 06/04/2022 5:15:09 PM PDT by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: Rebelbase

My house there has a solarium.

Two, actually.

I keep my horses there, too.


7 posted on 06/04/2022 5:16:24 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: SauronOfMordor

Stock and/or bitcoin rich is not working out so well right now.


8 posted on 06/04/2022 5:16:42 PM PDT by dynachrome (“We cannot save Ukraine by dooming the US economy.” Rand Paul)
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To: dynachrome

Maybe the turds are leaving the s-hole.


9 posted on 06/04/2022 5:19:02 PM PDT by bigbob
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To: dynachrome
$70,000/month asked. $45,000/month offered. Geez.

Not to mention the current price of polo pony feed. My God, a travesty!!!

10 posted on 06/04/2022 5:20:10 PM PDT by llevrok (Pronouns: Me/myself/& I)
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To: dynachrome

Joe will fill them with refugees


11 posted on 06/04/2022 5:26:06 PM PDT by inchworm (al )
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To: llevrok

They taste like chicken, I hear.


12 posted on 06/04/2022 5:26:13 PM PDT by dynachrome (“We cannot save Ukraine by dooming the US economy.” Rand Paul)
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To: dynachrome

I live in a town that serves a large recreational vacationing populous.
I thought the price of fuel would cause a slump in visitors but instead things seem to be busier than ever.


13 posted on 06/04/2022 5:26:20 PM PDT by just Grace
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To: Rebelbase; SaveFerris; mylife; PROCON

I see the Hampton tomatoes are ripe.


14 posted on 06/04/2022 5:31:23 PM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: just Grace

A last hurrah maybe?


15 posted on 06/04/2022 5:32:00 PM PDT by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
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To: Rebelbase
LOL...my first thought too when I saw the thread title.

That episode was just on this past week.


16 posted on 06/04/2022 5:32:17 PM PDT by newfreep (“Leftism, under all of its brand names, is a severe, violent & evil mental disorder.”)
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To: dynachrome
I like to do the Hampton Beach up in New Hampshire for a week or two in July or August.

Sort of a low rent place but excellent beach and waves with public rest rooms about a mile apart - with showers. Lots of clam shacks, pizza joints and dive bars where you can cool off with $5 pitchers of cheap beer.

Perfect New England beach experience. But you can only do it during July and August. Rest of the year, it's just too cold.

17 posted on 06/04/2022 5:36:54 PM PDT by SamAdams76 (3,189,421 active users on Truth Social)
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To: dynachrome
The Hamptons Summer Rental Market Is Collapsing
18 posted on 06/04/2022 5:37:41 PM PDT by blam
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To: dynachrome

I cant find crap in Tuscany.


19 posted on 06/04/2022 5:38:47 PM PDT by mylife (It looks just like a telefunken U47... (===)
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To: SaveFerris

snoopy and prickly pete?


20 posted on 06/04/2022 5:43:44 PM PDT by mylife (It looks just like a telefunken U47... (===)
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