Luxury Housing Market Pricing in NYC Is Softening, Says Pierre Debbas

The video discusses the impact of foreign investment on New York City's real estate market, highlighting the role of foreign capital in driving construction booms. It examines the decline in Chinese investment due to capital restrictions and economic factors. The discussion also covers the domestic market's positive outlook, driven by low interest rates and low unemployment, contrasting with the challenges faced by the high-end luxury market.

How did the construction booms before and after the recession differ in terms of foreign capital investment?

What role do exchange rates play in the demand for high-end residential properties?

What impact did the Chinese government's capital restrictions have on overseas investments in real estate?

What factors contributed to the slowdown in foreign investment in the New York City real estate market?

In what ways does the current real estate market differ for high-end luxury properties compared to the general market?