Specifically, I am referring to Manhattan luxury condominiums and generally, I am using numbers I have observed over the years. Reason is that the "official" numbers published by the data houses tend to be average of condos and coops. Depending on what metric is used, the numbers tend to be skewed. For example, by very high end apartments, large weighting of coops etc.
Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts
Tuesday, February 26, 2013
Property price in New York after financial crisis
Specifically, I am referring to Manhattan luxury condominiums and generally, I am using numbers I have observed over the years. Reason is that the "official" numbers published by the data houses tend to be average of condos and coops. Depending on what metric is used, the numbers tend to be skewed. For example, by very high end apartments, large weighting of coops etc.
Labels:
financial crisis,
New York,
Property price
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