2min chapter

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434. Is New York City Over?

Freakonomics Radio

CHAPTER

Will People Keep Moving Into New York?

In manhattan, rents fell by three per cent year over year since last july. That's the biggest decline we've seen since the great recession when rents fell by ten per cent. In queens, there's six thousand six hundred listings on the market, and that's a twenty six per cent increase from last july. So inventory grew everywhere when looking at the borough level, but it grew way more in manhattan....

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