Miller Samuel CEO on N.J. Millionaire’s Tax, Manhattan Real Estate

Miller Samuel CEO on N.J. Millionaire’s Tax, Manhattan Real Estate

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the pandemic on urban migration, particularly from Manhattan to suburban areas, and the effects of a millionaire tax on the housing market. It highlights the current state of the Manhattan housing market, noting a soft rental market and ongoing condo development. The video also predicts future market trends, including price softening and volatility due to election cycles and the potential impact of a COVID-19 vaccine.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected trend for prices in Manhattan following the upcoming federal election cycle?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the volatility in the Manhattan real estate market as mentioned in the text?

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