why shouldnt prices go down in Manhattan?
Started by marco_m
over 16 years ago
Posts: 2481
Member since: Dec 2008
Discussion about
BSC, LEH, MER all gone. Citi and BAC on the ropes. Europe is an as bad of shape if not worse than us. Bonuses could be worse this year than last. At best flat and maybe a couple people get paid. theres no signficant money coming to the city realistically until winter 2010. theres new towers of apartments for rent and for sale all over the place. please anyone give me a sound economic reason for prices not to implode from here.