Just going to leave this here: https://www.bloomberg.com/news/articles/2019-01-03/manhattan-home-prices-fall-under-1-million-as-sellers-cut-deals https://www.bl

Just going to leave this here: https://www.bloomberg.com/news/articles/2019-01-03/manhattan-home-prices-fall-under-1-million-as-sellers-cut-deals https://www.bloomberg.com/news/articles/2019-01-03/manhattan... I buy the story about rates and mobility falling in general, although I think this a longer term trend. Mostly, if wages stagnate, people don't buy homes. Not rocket science. Been going on for nearly 50 years now.