Perhaps best captured by this quote from an investor in Battery Park City: "It seems that real estate always goes up." (Via the Wall Street Journal, chance of price decline in Metro NYC housing market in the next two years: 36.3 percent.)
· Speculators Seeing Gold in Home Price Boom [NYTimes]
· Hot Housing Market Faces New Risks [Wall St. Journal]
· Real Estate Market Outlook for 50 Top Markets [PMI]
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