New York is a service-based economy, and anytime you have a system like that, cost of living becomes an issue. While the finance bros working 80-hour weeks might be able to afford NYC prices, there's a three-headed dragon wreaking havoc on everyone else...real estate.

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Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/housing-market-update-mortgage-rates-moving-higher