[Three Cents Worth NY #224] Have Bonus, Will Buy in Manhattan?
Posted by Jonathan Miller - Tuesday, February 26, 2013, 5:16 PM
It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capital of the world…and I’m here to take measurements.
Check out this week’s 3CW column on @CurbedNY:
Since New York State Comptroller Thomas DiNapoli graciously accommodated our Tuesday Three Cents Worth release date with his report on Wall Street Bonuses, I thought I’d try to come up with a chart that somehow correlates Wall Street cash bonus payments and the Manhattan housing market. Prices don’t correlate well with any form of Wall Street bonus data and employment trends seem to be too macro to equate with annual housing price trends…
[click to expand chart]
Today’s Post: Have Bonus, Will Buy in Manhattan? [Curbed]
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