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4 Reasons Why Manhattan Real Estate Is A Strong Investment

Wei Min Tan Nuwire Investor
4 Reasons Why Manhattan Real Estate Is A Strong Investment - Manhattan - New York - Property Investment

Manhattan real estate has fallen less than 25%, compared with losses of more than 40% for Los Angeles and San Francisco over the past few years. With real estate transaction volumes growing, increasing interest from foreign investors, and a limited supply of usable land, the long term value of Manhattan real estate looks promising. For more on this, see the following article from The Street.

Manhattan residential real estate has performed better than the broader U.S. real estate market and comparable major cities such as San Francisco and Los Angeles.

For potential buyers, now is the time to shop. We are in an uncertain period where the Dow is at 10,000 without justifying fundamentals. Unemployment is at 10%, the dollar is weak and inflation is coming. Relative to the stock market and comparable major cities, Manhattan has performed well. I'll explain why, and I'll tell you why it will continue to do so for the next decade.


Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.