Is the great toilet paper shortage ending already?

23 meadowbank.jpg

One sheet doth not a whole roll make, or put poetically, It is not one swalowe that bryngeth in somer, but I notice that a short-term rental listing at 23 Meadowbank Road, Old Greenwich that came on ten days ago at $24,000 has dropped today to $18,000.

Are we running out of panicked Manhattanites so soon, or did this owner’s reach merely exceed his grasp? I’ve got nothing much else to do these days so I’ll keep my eye on the short-term market and report back.

As an aside, what caught my eye about this listing is that its owners have stubbornly refused to make any serious adjustment to its asked-for sale price, cutting it just $200,000 despite a full-year’s failure to sell, from $2.950 million to $2.750. The quick price drop on the rent shows a flexibility and perhaps accommodation to market forces hitherto unseen on their part.