NYC Unemployment higher than US
Started by jason10006
over 14 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
Obviously bullish for NY RE!!!! http://cityroom.blogs.nytimes.com/2011/12/15/city-jobless-rate-rises-exceeding-the-nations/?hp
it's really a bullish sign, because most people who buy in NYC don't rely on regular wage
Unemployed people don't drive much in NY - certainly not real estate.
"t's really a bullish sign, because most people who buy in NYC don't rely on regular wage"
Citation?
"Citation?"
his ass.
And it's about to get worth:
Bank Layoffs Far From Over: 150,000 Likely in 2012: Bove
http://www.cnbc.com/id/45696542
"Citation?"
Google 'caonima' and you'll see.
*yawn* Maybe this will translate into a 1% drop in the NYC market.