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Podcast: The Real Estate Espresso Podcast
Episode: NY Candidates for Mayor Hurt Housing
Description: This is not a political podcast. It’s a real estate podcast. Now NYC is an important market for real estate. I personally don’t invest in NYC for reasons that many will understand. Part of the affordability problem is that NYC’s population is made up of 25% low income families. As housing demand has increased, so too have rents. Affordable rents get pushed further and further away which increases commute times.The race for Mayor in NYC is a hotly contested one with an incredible array of candidates. When I say incredible, it’s because e...