Saturday, May 21, 2005

They Repeat: Housing Bubble May Burst

New York City has one of the most regulated markets in real estate in the United States.Not a place middle income Americans are rushing to live.Many don't know that:
9 percent of Bronx apartments, the most in any borough, are subsidized by Section 8 housing vouchers
Just one more reason a bubble is brewing in New York.Norwood News