Douglas Elliman CEO on Housing Hike

The video discusses the impact of the pandemic on urban centers, particularly New York City, and the real estate market. It highlights the trend of companies moving bases outside major cities, the resilience of New York, and the opportunities for savvy investors. The speaker advises on long-term investments in big cities and predicts a rise in second homes due to flexible work arrangements. The Hamptons are noted as a hot real estate market with limited supply and rising prices.

How are younger buyers responding to the current real estate market conditions?

What role do interest rates play in the current real estate market dynamics?

What challenges does the real estate market face regarding affordability?