As a front row witness to the exorbitant and ever-increasing apartment rents being asked for and received by landlords across NYC, will 2017 see rents declining with a shift in power to the renters? Take heart New Yorker renters, you may finally have hand! April 9, 2016 in the article at the Hallmark Abstract blog titled, […]
It’s certainly no secret that in many of the nations housing markets the price to rent an apartment has been going in one direction…up! But, as the famous phrase about gravity suggests, what goes up must eventually come down. After all whether it was tulips during the 1600’s, technology stocks during the late 1990’s or […]
Negatively of course if you are an apartment owner or developer and positively if you are a prospective tenant! Economics 101: More supply in the face of steady or even declining demand, regardless of the product, will lead to lower prices! Of course in the category of luxury Manhattan rental apartments, there are other variables […]
Summary: Real estate and stocks have been doing very well but… Economics 101 says we should have inflation after the amount of money the Federal Reserve has put into the system! But we don’t and this article explains why… The global central banks have injected many trillions of dollars into their given economies looking for […]
An entertaining video with a bipartisan cast that provides an excellent comparison of capitalism to socialism! For an economy to grow and thrive it needs to possess certain attributes that incentivize its participants to take risks, innovate and use good old fashioned sweat equity to move ideas and products forward. Of course these same players […]
