Real Estate Is Hot in Cities, But Not in NYC or San Francisco

The video discusses the impact of the pandemic on real estate prices, highlighting the shift from urban to suburban areas. It notes a recent stabilization in urban prices and explores potential investment opportunities due to low rates. The speaker shares personal experiences in the New York market, suggesting a possible real estate grab. Long-term trends, including inflation's impact on real estate as a protective asset, are considered. The video concludes with a discussion on policy changes, such as the SALT repeal, and their potential effects on the tri-state area market.

What was the initial trend in real estate prices during the pandemic?

• Urban prices increased, suburban prices decreased

• Both urban and suburban prices increased

• Both urban and suburban prices decreased

• Urban prices decreased, suburban prices increased

What recent trend is observed in urban real estate prices?

• No change

• Continued decline

• Stabilization and slight recovery

• Rapid increase

What is one reason for the potential real estate grab in New York?

• High interest rates

• Low property prices

• Decreased demand

• Increased taxes

How might inflation affect real estate prices in the long term?

• Prices will decrease

• Prices will fluctuate unpredictably

• Prices have the potential to increase

• Prices will remain stable

What could significantly impact real estate in the tri-state area?

• Stricter zoning laws

• Repeal of SALT

• Increase in property taxes

• Decrease in population