As far as things changing here in New York, it's not going to happen. We just elected a guy who is probably going to be the most liberal mayor this city has ever seen (I voted for Lhota, by the way). And he won in a fucking landslide. He's not real estate friendly at all, and all he wants to talk about is public housing and "a tale of two cities," which doesn't bode well for anyone, except for the people who are forever milking the system and draining the economy even further .
Yes PB but the Chinese arnt developers.What they do is buy existing homes and offer ridiculous amounts for it thats what happened in bensonhurst.The Italian families wanted to move out of Bhurst and go live in staten island so when it was time to sell the chinese would offer more and end up buying the house and over the years bhurst would start shifting towards chinese ratio.That right there forces housing prices up and keeps the younger generation out the housing market.
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