Dolly refinanced 7 times in two years.
Dolly's got some time to kill between big sales which naturally sell themselves. Begs the question, what do we need Dolly for?
Eye candy!
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Response by huntersburg
about 14 years ago
Posts: 11329
Member since: Nov 2010
Doese frightcapital have anything to do with apt23?
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Response by Riversider
about 14 years ago
Posts: 13573
Member since: Apr 2009
I agree with this story. The crisis in Europe, fear of capital controls, currency devaluation or markedly higher tax rates are great catalysts for getting the Uber-Wealthy foreigners to buy here in higher numbers. When I hear postsers talking about the Euro going up 2% against the dollar, or that they these same people may want to diversify out of the U.S. I can only conclude that these posters "don't get it". NYC real estate is the money market account of the foreign rich. If NYC real estate declines in price by 5% that's a whole lot better than seeing French tax rates go up 90% or seeing your Greek Euro bank account forcibly converted to Drachma and lose half your purchasing power, or worse yet having the Russian or Chinese gov't confiscate your assets.
Look at the Euro. They are falling apart.
only her listings, no where else..lol
Dolly refinanced 7 times in two years.
Dolly's got some time to kill between big sales which naturally sell themselves. Begs the question, what do we need Dolly for?
Eye candy!
Doese frightcapital have anything to do with apt23?
I agree with this story. The crisis in Europe, fear of capital controls, currency devaluation or markedly higher tax rates are great catalysts for getting the Uber-Wealthy foreigners to buy here in higher numbers. When I hear postsers talking about the Euro going up 2% against the dollar, or that they these same people may want to diversify out of the U.S. I can only conclude that these posters "don't get it". NYC real estate is the money market account of the foreign rich. If NYC real estate declines in price by 5% that's a whole lot better than seeing French tax rates go up 90% or seeing your Greek Euro bank account forcibly converted to Drachma and lose half your purchasing power, or worse yet having the Russian or Chinese gov't confiscate your assets.