Deserted factory

Discussion in 'Digital Cameras' started by Sandman, Sep 3, 2013.

  1. Sandman

    Tony Cooper Guest

    I'm not sure if does or not. What I was alluding to is the lower end
    of the housing market...sales and rentals. I'm not convinced that
    anyone here has any familiarity about that end of the market.

    It makes sense that as the number of units increase, that the lower
    range is less desirable, and therefore will be more affordable to
    those previously not being able to afford anything.

    "Markets", in your sense, is geographical. I'm thinking of "markets"
    in an economic sense.

    There are certain areas, like Manhattan, where it wouldn't apply. I'm
    not so sure it doesn't apply to other parts of NYC.
     
    Tony Cooper, Sep 7, 2013
    #21
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  2. Sandman

    PeterN Guest

    In NYC that is not limited to Manhattan. Greenpoint and Williamsburg
    have traditionally been working class neighborhoods. In both of these
    areas real estate is skyrocketing. In Red Hook, which was a factory
    area, turned into an artist colony, increasing real estate values are
    displacing the artists. The big question in my mind is where do all the
    displaced people in the other areas go.
     
    PeterN, Sep 7, 2013
    #22
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  3. Sandman

    Tony Cooper Guest

    You don't include the Bronx, Queens, Brooklyn and Staten Island as
    NYC?
     
    Tony Cooper, Sep 7, 2013
    #23
  4. Sandman

    PeterN Guest

    Geography lesson.
    The three neighborhoods I mentioned are in Brooklyn. Real Property
    located in Flushing, Bayside, Long Island City and Astoria is
    experiencing a similar high rate of increase. These last three areas
    are in Queens. Since I have no, or limited personal knowledge of other
    areas, I will not comment. If I knew all the factors that have caused
    this increase, and had the capital to take advantage, I would have made
    a lot of money.
    There are probably many areas that are exceptions to your original broad
    brush statement.
     
    PeterN, Sep 7, 2013
    #24
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