Foreigners Are Buying in Manhattan!
Started by stevejhx
about 15 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
It's official! It's in the New York Times' Real Estate Section: http://www.nytimes.com/2010/10/10/realestate/10cov.html I can't wait for that Irish carpenter to make a comeback. Or that Greek shipping tycoon. Or maybe - LICC! - the Swiss! What utter nonsense.
It is good because they help keep NYC stable. People have jobs as a result, and we get property taxes paid and things.
Aren't people west of the Hudson considered "foreigners"?
)Yes Asians could buy too in NYC.
I think it's the Mexicans. They're EVERYWHERE!
NYT: For Europeans, with the euro trading at 1.34 to the dollar, “their money is worth 34 percent more now; it is a very safe bet for them,” Mr. Eyn said.
I don't know who's stupider: Mr. Eyn for saying it or the NYT for publishing it.
> I don't know who's stupider: Mr. Eyn for saying it or the NYT for publishing it.
or the foreigner that feels the need for an address in manhattan and hence pays for our services: thank you snob!
So you're suggesting that the Times RE people are stupid, rather than corrupt? Possible. Or it could be both.
With Eyn you don't really have corrupt as an option, so you're pretty much left with stupid.
Anyway, I don't know why Eyn is wasting his time helping Europeans buy in NY. He should be helping New Yorkers buy in Tokyo where their dollars are worth 82 times as much. I also hear that Harare is nice this time of year and the USD does crazy far in Zimbabwe.
Dollar is way up, maybe this changes the picture?
http://www.bloomberg.com/quote/EURUSD:CUR
Just this last month , our building saw 4 sales to Chinese , Malaysian , French and Guatemalan . . . a nice mix