Recommended Read: Zillow Talk,The New Rules of Real Estate by Spencer Rascoff & Stan Humphries

Feb 18, 2015 Published under Economics, Interesting Random Stuff

Irrational exuberance on real estate in NYC

I have been hearing many cliches about how the New York City Real Estate market at the end of the day will not adjust as much as the rest of the real estate market because of scarcity. But the economist in me doesn’t buy it. Yes, as supply is somewhat limited, real estate in NYC [...]
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Daniel Lubetzky