The Risks of Inflation on New York City Real Estate

The video discusses the New York real estate market, highlighting its shift from a buyers to a sellers market post-pandemic. It addresses the impact of inflation and interest rates on real estate prices, noting that while inflation is a concern, it is manageable. The discussion also covers fiscal policies and their potential effects on the tri-state area, emphasizing the need for balanced tax policies to retain wealthy residents.

Discuss the impact of inflation on real estate prices and the purchasing power of individuals.

What role does tax policy play in retaining wealthy individuals in New York City?