NYC area real estate certainly isn’t cheap, but compared to the insanity on the west coast there’s a lot to like. NYC has really bounced back after COVID and is

NYC area real estate certainly isn’t cheap, but compared to the insanity on the west coast there’s a lot to like. NYC has really bounced back after COVID and is a real hub of activity again. Folks want to be a part of that. Also the second home market for NYC is strong. Having a place in the city is a status symbol for many. Nobody cares if you have an apartment in the Bay Area or other cities with expensive property but lots of folks want a “small place” to spend weekends in NYC. That all also keeps prices rising. Not saying it’s good, but betting against NYC real estate is not advisable.