Best thing could happen is if 15-25 billionaires leave NY . Which they probably will . New Jersey had a billionaire leave (Tapper) & they had a special meeting in response to all the lost revenue !Chicago elected a completely unqualified d!psh!t mayor a year ago, he isn’t as bad as New York but serious buyers remorse on the part of the Libby Libby leftwingers there.
Wait ‘till New York gets a load of this guy.
Despite that fact, companies like JP Morgan Chase now have more employees in Texas than in NY. Don’t underestimate the amount of people and businesses that are moving away from NY. Also remember that a lot of these ultra wealthy that work in NYC live out on Long Island. They somehow feel insulated from the goings on in the city. LOL. Not! There’s so many people leaving, I think NY has an entire army auditing people that move out.The problem with that is it’s not going to happen. New York City just had one of its best real estate months ever last month. Setting record prices. People knew what was coming and still signed on…high net worth people.
I hear ya but don’t forget JPM just built a $3 bit HQ there. And go house shopping on California. Apparently people love liberalism if you believe markets tell a storyDespite that fact, companies like JP Morgan Chase now have more employees in Texas than in NY. Don’t underestimate the amount of people and businesses that are moving away from NY. Also remember that a lot of these ultra wealthy that work in NYC live out on Long Island. They somehow feel insulated from the goings on in the city. LOL. Not! There’s so many people leaving, I think NY has an entire army auditing people that move out.
Yep. Not one thing they are doing is reducing the cost of living. Making some rich folks richer though which is coolWhen the “America First” pres is pushing big piles of pork (BBB) while eliminating jobs and increasing the debt and still spending billions to support ethnic cleansing for his masters the conservative youth is going to be less energized in support of deep state republicans.
Blame women. Single issues voters.
The problem is that people think that they can afford the vehicle or house because they can make the payment.It makes me think of the 10 and 12 year vehicle loans. If you can’t afford it, buy something cheaper.
You don’t think lowering mortgage rates would be rocket fuel for the pent up demand due to high monthly payments?I don't see how a 50 year mortgage helps home builders.
I can understand how it stuffs money in the pockets of mortgage and banking companies.
I would think that writing home loans the way car loans are written would help buyers and builders.
I don't see how a 50 year mortgage helps home builders.
I can understand how it stuffs money in the pockets of mortgage and banking companies.
I would think that writing home loans the way car loans are written would help buyers and builders.