The chapter explores the historical basis of mortgage rates in NYC real estate, comparing past rates to current ones. It also discusses the decrease in foreign buyers and its impact on the market, as well as the challenges posed by rent-stabilized apartments for landlords.
Barbara Fox, President of Fox Residential Group, discusses the real estate outlook for New York City and the disconnect between buyers and sellers.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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