Huge Influx of Cash Into the RE Market Over the Next Few Years

thank the gods

where do you think pricing will go (up/down) on apts. $500k and below

Blackstone announced their intentions in February... this is old news. I'm hoping it will help increase the value of apts in Manhattan; thus increasing equity on my condo as well as collecting more rent each month! :)

There are rumors that two other VERY large shops are seriously considering.

what does this have to do with anything?

Companies go public all the time....what are you saying? that because a company is going public the manhattan realestate market is going to go up?.....there's probably a company going public twice a week on the nyse....and the people in blackstone who are partners aren't already owning and they will be buying up a storm?....fact.....there are 20,000 new condos coming on to the market in the next year.....geeee that means that all those employees are going to buy up realestate....don't think so.....

this is good for high end bad for low end. those that will suffer are the lower middle class.

about 1/2 of the new developments are for rentals, not sale.