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.
About:
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums. Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market. Wei Min can be reached at tan@castle-avenue.com
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