2min chapter

Animal Spirits Podcast cover image

Elon Buys Twitter (EP.254)

Animal Spirits Podcast

CHAPTER

Rents in New York Up 30 % Year Over Year, Vacation and Luxury Spending Through the Roof

How can we have rents in manhattan up 30 % year over year, and yet markets are incredibly risk off? How does this end? I'm lost. Are we in a minor recession? Wouldn't this suggest the opposite, or did? But i think comparing new york to anywhere would be wrong.

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