Could This Be The Tipping Point?
NY1 is reporting that unemployment is increasing in NYC. While this anouncement is way too late to help wanna-be mayoral candidate Freddy Ferrer, of striking importance is the decline in construction jobs. Is the real estate bubble popping? Could all of those experts advocating investment in real estate have been wrong? Or deliberately churning sales when all signs pointed this way? Time will tell.
- posted by Base10 @ 8:25 PM