This is a follow up to my original post on July 23rd about my Lincoln Park investment property not selling: https://www.biggerpockets.com/...To update the story now, I ended up pulling the listing off the market in August after 40+ showings and feeling totally depressed I did not get any offers.

There’s also evidence that sellers may need to adjust their price expectations in order to find a buyer, given the prevailing climate of uncertainty in the city, which is facing one of the worst economic outlooks since the Great Depression, Mayor Bill de Blasio has said.

The comments that followed were extremely depressing.

Kinda depressing...Thoughts?

My one thought harkens back to a program that came out of the great depression.

I get a little depressed each time I visit because it was a great place to grow up and it has such potential.

It might even depress or hold your development temporarily because demand will shift to the new development.It sounds like you have a plan for your next investment. 

I have been reading a lot of blogs on BP as well as articles on other sites and watch videos with people like Harry Dent, Mike Maloney, Ray Dalio, and more and they are all making predictions about a depression worse then anything that has ever happened.

This was a depressing story.

They meet my basic criteria but I can't help but shake my head knowing I am paying more than I would like to be comparative to last year.Even the depressed areas which normally have pages of active MLS listings it is now usually filled with pending houses.