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.
Full Newsletter: https://mailchi.mp/zeihan/real-estate-the-three-headed-dragon-plaguing-nyc
Where to find more?
Subscribe to the Newsletter: https://bit.ly/3NyQu4l
Subscribe to the YouTube Channel: https://bit.ly/3Ny9UXb
Listen to the Podcast: https://spoti.fi/3iJyNEe
Zeihan on Geopolitics website: https://zeihan.com/
Purchase the Global Outlook Webinar Here: http://bit.ly/3xBvRxd
Where to find me on Social Media?
Twitter: https://bit.ly/3E1E95D
LinkedIn: https://bit.ly/3zJAW8b
Instagram: http://bit.ly/3IW2mgp
Facebook: http://bit.ly/3ZIAjHk
#realestate #nyc #costofliving
Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/housing-market-update-mortgage-rates-moving-higher