Now the time to buy real estate in Manhattan?

Citibank / Other Slurpsurp
Jul 2, 2018 14 Comments

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TOP 14 Comments
  • Unity mexH82
    If you need real estate that will be under water in 20 years, then sure, go ahead and buy in Manhattan.
    Jul 3, 2018 2
    • If you plan right, in 20 years you might get an apartment that is both next to Central Park and at the waterfront.
      Jul 3, 2018
    • Microsoft _Muad’Dib_
      Yeah, as a blanket statement this is idiotic. Parts of Manhattan...MAYBE.
      Jul 6, 2018
  • Microsoft / Product locomoti
    Wait 6 months.
    Jul 2, 2018 8
    • Microsoft / Eng Fyba
      Why? Do you think more correction is coming
      Jul 2, 2018
    • Microsoft / Product locomoti
      Yes. We’ll see more trumpian insecurity.
      Jul 2, 2018
    • Microsoft / Eng Fyba
      Hehe. Seattle is still growing up crazy 😜
      Jul 2, 2018
    • Citibank / Other Slurpsurp
      OP
      Rents in Seattle are apparently collapsing due to a surge in inventory as well. Real estate prices to follow?
      Jul 2, 2018
    • Microsoft / Product locomoti
      I haven’t seen rents collapse one bit.
      Jul 2, 2018
    • Citibank / Other Slurpsurp
      OP
      You’re right. Got Seattle confused with Chicago.
      Jul 2, 2018
    • Microsoft / Eng Fyba
      Rent in Seattle is not increasing anymore esp. in condos
      Jul 2, 2018
    • Microsoft / Product locomoti
      My rent just went up $400/ month for a townhouse
      Jul 3, 2018
  • Twitch Bbbunz
    Think it's gonna happen to bay area too?
    Jul 2, 2018 1
    • Citibank / Other Slurpsurp
      OP
      Demand isn’t going down, and unfortunately the faux liberals running these cities make it next to impossible to build so, short answer, not anytime soon. Not unless things change significantly in the job market.
      Jul 2, 2018