The NYC Housing Market Is Booming, Freedman Says

The video discusses the impact of rising rates on New York City's revival and the housing market trends across the country. It explores how global events, such as the war in Ukraine, affect the economy and real estate. The video also highlights New York City's competitive edge and the challenges it faces in maintaining its status as a top city. The discussion includes the potential impact of inflation and discretionary spending on the housing market.

What is one of the main factors affecting the housing market in New York City according to the discussion?

• Technological advancements

• Increased tourism

• Rising rates

• Decreasing population

Which companies are mentioned as having a significant presence in New York City?

• Facebook, Twitter, Tesla

• Apple, Amazon, Netflix

• IBM, Oracle, Intel

• Microsoft, Google, Disney

What is suggested as a priority for New York City to maintain its competitive edge?

• Reducing taxes

• Improving safety and tourism

• Building more skyscrapers

• Increasing public transportation

How does the speaker describe the potential impact of the war in Ukraine on the U.S. real estate market?

• It will lead to a housing boom

• It will cause a market crash

• It will have no impact

• It is uncertain and hard to tell

What is one area where people might hesitate to spend due to the war in Ukraine?

• Education

• Healthcare

• Discretionary spending

• Luxury goods