US Inflation Stays Firm, Trump Cabinet
Bloomberg Intelligence
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Navigating New York's Real Estate Challenges
This chapter explores the current state of the real estate market in New York City, examining the effects of rising mortgage rates and inflation on residential sales. It highlights regional discrepancies in market dynamics and discusses the reluctance of homeowners to sell amidst low inventory. The conversation also covers the implications of the FAIR Act on rental costs and emphasizes the need for collaboration in legislative efforts to benefit the community.
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