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Manhattan (wealth) Transfer !

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Bernie's selling !

The median price fell 18.5 percent from a year earlier to $835,700, New York appraiser Miller Samuel Inc. and broker Prudential Douglas Elliman Real Estate said today. The number of sales plunged by half, the most since Miller Samuel began keeping data in 1989.

But actually, this is good news. NY is finally playing catch up with the rest of the US.

The US is taking the pain of lower prices, making necessary adjustments,'

that home-buying idiots in London will have to do with MUCH MORE PAIN some time 2-3 years from now!

sweet bro , u know thats true. mite not be to the extent of the falls in manhattan but theres a storm brewing.

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