Status_Fox_1474 t1_irikmku wrote
Reply to comment by [deleted] in Not the Place to Be’: Young Professionals Are Leaving New York - Bloomberg by EvanMcD3
One of the problem is that supply isn't growing. Or, should I say, supply of livable housing isn't growing.
What's being built are 30-unit buildings where they can afford to have only 10-15 sold with a huge markup making up the profit.
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