Good luck buying a home in Manhattan
NYC condos are seeing competition unrivaled in bubble years
Per Bloomberg News, NYC apartments have never been harder to find -- ever:
Manhattanites with budgets that would buy mansions in most of America are discovering it’s tough to find even a two-bedroom apartment in New York as the inventory of homes shrinks. The number of available units for less than $3 million -- those generally considered nonluxury -- has plunged by the most on record, creating a shortage that’s unlikely to be alleviated any time soon as developers focus on ultra high-end condos that have set price records by wealthy investors.