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ordinary working people to move in.

Paris property prices and rents will have to go down a long, long way before that happens.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Sep 8th, 2008 at 01:28:29 AM EST
[ Parent ]
Supply and demand. I was having a heated discussion with an anti-development Brooklynite. Finally, she says, but look at what's happening, between the economy and the existing new projects, purchase prices in Brooklyn have begun to go down, and rents look like they might be peaking. A lot more development could really impact housing prices. That's the whole point I told her.
by MarekNYC on Mon Sep 8th, 2008 at 01:36:02 AM EST
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