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Lol...was the internet even invented back in 1989? Dude is smoking something!
It does not matter if internet was invented in 1989, 1900, or 2018 since your brain did not correctly pickup what was written. No one said anything about using the internet 30 years ago.
You are literally are making no sense. The real estate market is actually stabilizing right now, there is no indicator that prices will double in 7 years especially with a recession looming,
You are just trolling
Ok, at least you have the half a brain to realize that there is a recession looming. I give you that, but now dig a little deeper and find out what is going to happen and then you will realize that prices of hard assets will double, with exception of commodities, which will go 3x to 6x. Start off by understanding the difference between a deflation recession and an inflation recession. (Hint: we will have an inflation recession...)
The only thing coming down in this recession is those retards working at tech startups in san francisco. Banks and Law Firms will not be touched here. After everyone realizes real estate isn't dipping, they will buy here and form a bubble in real estate once again, this time fuled with blockchain as affordability is low, so they will allow people to buy 1/x th of a home on either a mortgage coin or just flatout no debt coin.
This will generate another 1985 to 2001 style run, followed by the biggest bear market, started from 2001 to 2011.
In case you dont know, prices of homes relative to other assets dropped in 2001 to 2008 , even though price rose relative to the dollar (this was dollar devaluation, not home value appreciation), 2009 only fuled it hit bottom once it was already 50% down by 2007/8.
The OP wrote a bunch of troll posts on the Long Island forum too.
I remember in 1994 i told everyone that Amazon would be a billion dollar company with sales of trillions. No one believed me but i said it gosh darn it..
I remember in the winter of 1996, i told everyone that a smartphone would be invented in the near future...
Okay you are giving two cities out of how many in the US? Still neither compare to NYC, they are clearly 2nd and 3rd tier cities. Stats don’t lie
In exactly what universe is Chicago a "2nd or 3rd tier city"? If it were, it certainly would be a major feat of ju-jitsu for it being able to accomplish being "clearly 2nd and 3rd tier" city domestically while being viewed as a tier one global city.
If the New Yorker ever puts back its famed "Manhattan and the endless beyond" cover on a current issue, your picture rightfully belongs on it....certainly on the bottom (east) side of the page, below the Hudson, the prized side, the center of the universe side. I think I can see Chicago (barely) on the other side, a speck on the map.
I find your provincialism quaint. I can assure you that here in Chicago, nobody would so unsophisticated as to consider NYC to be "clearly 2nd or 3rd tier city".
In exactly what universe is Chicago a "2nd or 3rd tier city"? If it were, it certainly would be a major feat of ju-jitsu for it being able to accomplish being "clearly 2nd and 3rd tier" city domestically while being viewed as a tier one global city.
If the New Yorker ever puts back its famed "Manhattan and the endless beyond" cover on a current issue, your picture rightfully belongs on it....certainly on the bottom (east) side of the page, below the Hudson, the prized side, the center of the universe side. I think I can see Chicago (barely) on the other side, a speck on the map.
I find your provincialism quaint. I can assure you that here in Chicago, nobody would so unsophisticated as to consider NYC to be "clearly 2nd or 3rd tier city".
Okay you are giving two cities out of how many in the US? Still neither compare to NYC, they are clearly 2nd and 3rd tier cities. Stats don’t lie
Chicago is not a 2nd tier city even though people call it the "second city". When I think 2nd tier I think Cincinnati, Baltimore and Charlotte. Not sure about NO.
Newark is improving a lot. There’s still crime and the streets aren’t safe at night but NYC seems to be full of horror stories with random attacks, shootings/slashings, subway sickos etc.
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