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woppa
@
2012 Feb 7, 1:00pm
woppa
@
2012 Feb 7, 1:00pm
I forgot to mention the almost inevitable occurrence of another terrorist attack in NYC, which seriously shook the financial sector for a while 10 years ago. If that were to happen again, I think it could cause some problems for us economically.
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There may be a few other "it's different here" cities, and prices have come way down in the edges of these markets, but 4 years into the bust and prices in these fortress cities haven't returned to anything near pre-bubble prices. Will they ever or is this just the new normal?
#bubbles