clock menu more-arrow no yes

Filed under:

Comment of the Day

New, 16 comments

"There's no doubt that there will be a decline of 5-10% over the next 1.5 years but Manhattan has a number of things going for it. 1) people still want to live here, demand is high for that. 2) the euro is still so while the rest of the country sees business struggling to make a profit on rising prices of goods, europeans wont blink an eye. 3) prices wont decline as much b/c people just wont sell /move. Less on the market allows prices to remain somewhat stable. 4) oil prices are rising and with the fall of the dollar continue to do so. the car is essential for suburban survival." [Your Morning Credit Crunch: More Foreign Invasion]