Showing posts with label pandemic. Show all posts
Showing posts with label pandemic. Show all posts

Sunday, April 26, 2020

New York luxury property buying opportunity amid COVID-19 pandemic



Read my article about New York property buying opportunity amid COVID 9 pandemic.  We know the Q2 market will be terrible due to a frozen market, spike in unemployment and GDP shrinkage.  Buying opportunity will be in Q2 – Q4 because the pickup will take time.  As post 911 and Lehman show, people forget.  After those events, newcomers kept coming to Manhattan and prices continued to set records.