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re: How much of the new housing "boom" is real vs. speculation?

Posted on 6/26/13 at 9:48 am to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/26/13 at 9:48 am to
Just saw a guy on Fox business discussing New York City and the takasimaya? building or whatever that just leased for the highest price EVER in America at $3000/sf a year on 5th avenue in new york. He discussed the inflow of sovereign money from Japan, brazil,argentina,venezuela......looks like they face the same issues as Miami!
This post was edited on 6/26/13 at 9:49 am
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