CNBC interviews Weimin Tan on U.S. property prices

 

Interview on CNBC about U.S. price to income ratio being reasonable, where prices are 3X annual income.

View full interview here: CNBC interviews Weimin Tan on U.S. property prices

Billionaire's Row Super Luxury Residential Towers

The construction of ultra luxury property along Manhattan's Billionaire's Row, as discussed with CNBC's Brian Sullivan on Talking Numbers, is happening now.  

The super high end buildings include 432 Park Avenue, Nordstrom Tower, 220 Central Park South and 111 West 57 Street.  The skyscape of 57th Street will be quite different a year from today.  

CNBC interview

My most memorable interview of 2014. Barely made it, had to run from Lexington to Fifth Ave because roads closed for Obama. Heart rate still up during the segment.

https://www.youtube.com/watch?v=gQ7GrcFBVRw

CNBC interview with Brian Sullivan on Manhattan real estate

Video link:  CNBC interview on Manhattan real estate

Talking Numbers - CNBC | Yahoo Finance

What ritzy Manhattan real estate says about stocks

By Alex Rosenberg

The already scorching-hot New York City real estate market surpassed its latest milestone this week, when news emerged that an apartment in Manhattan’s posh Upper East Side neighborhood would go on sale for $130 million. That makes the triplex penthouse apartment, in a building yet to be built, the most expensive New York apartment listing ever.

For some, these types of milestones reflect the stimulative policies of the Federal Reserve. The Federal Reserve’s easing measures have decreased interest rates and increased asset prices, which provides an even bigger boon to the wealthy and make borrowing money less onerous.

Most Cities Still Won in Housing Boom - CNBC

Left graph looks at price increases from 2000 to peak.  Right graph looks at price decreases from peak to Oct 2009.  Most cities have a net gain.  Full article on CNBC