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	<title>Comments on: Prices Slashed at Mandarin Oriental Penthouses</title>
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	<lastBuildDate>Mon, 08 Mar 2010 19:57:07 +0000</lastBuildDate>
	
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		<title>By: Nick</title>
		<link>http://bostonrealestateobserver.com/mandarin-oriental-boston-penthouses/#comment-407</link>
		<dc:creator>Nick</dc:creator>
		<pubDate>Wed, 31 Dec 2008 20:06:01 +0000</pubDate>
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		<description>As you said, these units were just priced above the market value from the very beginning.  This doesn&#039;t mean there isn&#039;t room for &quot;luxury&quot; in this economy.  $1m+ units are still moving swiftly in downtown Boston and with inventory down significantly compared to the last few years the demand is going to stay high downtown properties.</description>
		<content:encoded><![CDATA[<p>As you said, these units were just priced above the market value from the very beginning.  This doesn&#8217;t mean there isn&#8217;t room for &#8220;luxury&#8221; in this economy.  $1m+ units are still moving swiftly in downtown Boston and with inventory down significantly compared to the last few years the demand is going to stay high downtown properties.</p>
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		<title>By: Erin</title>
		<link>http://bostonrealestateobserver.com/mandarin-oriental-boston-penthouses/#comment-406</link>
		<dc:creator>Erin</dc:creator>
		<pubDate>Mon, 22 Dec 2008 19:39:36 +0000</pubDate>
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		<description>There&#039;s no room for &quot;luxury&quot; in this economy right now. Condos in Charlotte, NC, where I live, seemed bulletproof until recently - now new, higher-end condo construction in our &quot;Uptown&quot; area is starting to scale back or, in some case, going bankrupt in the middle of building.</description>
		<content:encoded><![CDATA[<p>There&#8217;s no room for &#8220;luxury&#8221; in this economy right now. Condos in Charlotte, NC, where I live, seemed bulletproof until recently &#8211; now new, higher-end condo construction in our &#8220;Uptown&#8221; area is starting to scale back or, in some case, going bankrupt in the middle of building.</p>
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