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GtownHoo

Joined: 09/29/2013 Posts: 23991
Likes: 10254


I dunno, NYC was packed beyond capacity (based on rent/real estate costs)


If price comes down a bit, businesses and people will come back. People will gobble up the real estate. At the ridiculous prices that residential and commercial real estate were at, there is room to come down and make NYC livable(ish) again, from a cost perspective. Supply and demand will end up evening out like it always does. NYC has such a small, fixed amount of space - it'll fill up again.

(In response to this post by Wahoos79)

Posted: 04/08/2021 at 11:36AM



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Current Thread:
 
  
Some data charting the recovery -- farragut 04/08/2021 10:42AM
  NYC should be a little bit concerned. -- Wahoo0408 04/08/2021 12:00PM
  Wonder if Bloomberg would come back as mayor? ** -- Hoogle.com 04/08/2021 4:46PM
  Cant have people back into the offices -- Zhoo 04/08/2021 1:06PM
  Today is a big day for your username ** -- HburgCav 04/08/2021 12:15PM
  Indeed it is! ** -- Wahoo0408 04/08/2021 1:14PM
  Very interesting data... thanks for sharing -- uva25 04/08/2021 11:10AM
  In general, -- farragut 04/08/2021 11:42AM
  I wonder what caused the February 2021 dips. -- HOOfan_1 04/08/2021 10:55AM
  Major snow event? ** -- chicken 04/08/2021 12:00PM
  Looks like NYC has a problem ** -- Hoogle.com 04/08/2021 10:54AM
  Wow ** -- 007 Hoo 04/08/2021 10:48AM

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