Fucken duh have you seen Soho lately? Business are fleeing
That's The Peoples Republic of NYC Tax laws... It sucks the life out of anything the breathes. ' The new tax law, which limits the deductbility of state and local taxes, also hurt demand for real-estate in high-tax cities like New York' -CNBC
Overpriced
Good. Greedy investors have ruined the housing market by pricing people out of it. They create the bubble and then it bursts.
Why are the prices so high then ? Why can’t I find a simple one bedroom for a reasonable price in NYC ? If the prices are falling and Real Estate had the worst year then shouldn’t there be inventories left for these flats ?
TrumpEffect