Quote:
Originally Posted by Snapolit1
I'm still waiting for the NYC real estate market to collapse like everyone's been telling me is inevitable (since 1970). Totally not sustainable. Yeah, sure.
|
Reason why real estate held up is due to cap rate compression. Take a look at this chart on the risk free rate; created the mother of all junk rallies. Add to that limited land supply and rising replacement cost, and you got a secular boom. Going forward, that is an interesting forecast...
http://www.macrotrends.net/2016/10-y...te-yield-chart
On expensive high end cards...I like cardz...I think they are kool.