Amazon Brings Balance to 'Overbuilt' NYC, Thor Equities' Sitt Says

Amazon Brings Balance to 'Overbuilt' NYC, Thor Equities' Sitt Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the changing landscape of Manhattan's real estate market, highlighting historical trends, overbuilding, and the shift towards a technology-based economy. It examines the impact of new market entrants, the psychological effects on the market, and the competitive dynamics that influence salaries and market balance in New York City.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern is raised about the Manhattan real estate market in comparison to Seattle?

Lack of available space

Overheating of the market

Decrease in housing prices

Increase in industrial jobs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant consequence of New York's quick recovery from the Great Recession?

A reduction in housing units

A decrease in commercial space

An overbuilding of real estate

A shift to a finance-based economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major shift in the economy is discussed in the second section?

From technology to finance

From industrial to technology

From finance to industrial

From technology to industrial

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might new market entrants affect the competitive landscape in New York?

By decreasing salaries

By reducing competition

By driving salaries higher

By increasing job availability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential benefit for citizens due to the competitive pressures in New York?

Lower housing prices

More industrial jobs

Less market competition

Higher compensations