Buy...Buy...Buy!!!!
Renting an apartment in Manhattan is only going to get harder from here according to a new report released Wed. Rents are up, Landords are no longer offering concessions and the vacancy rate remains low.
Tenants will have to recalibrate their expectations because the harsh reality is renters better act or they are going to regret it.
All of this being said...interest rates are low, sale prices have come down, inventory is up....
Time to buy.....
Mar 9, 2011
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