Saturday, February 8, 2014

Wall Street is Back - Hamptons


"The nexus of the Hamptons McMansion production line, the Farrell Building Company, currently has 30 spec homes in various stages of construction, mostly in the $3 million to $10 million range, and mostly in Amagansett and Bridgehampton."


CP said...

"Seven to eight million dollars per acre is the going price for oceanfront property in hipster-and-surfer-approved Montauk, formerly the funky final frontier of the Hamptons."

Stagflationary Mark said...


Woohoo! Rising interest rates on CDs must be coming shortly then! Just look at all that prosperity!

Or not. ;)

Low CD Rates: Lending Drought and Savings Monsoon

Rising interest rate environment my @$$. ;)