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[WSJ Live] InflationWatch: Why Manhattan is a “Bargain”
Posted By Jonathan Miller On February 1, 2013 @ 11:34 am In Manhattan,Market Reports (US) | 3 Comments
Josh Barbanel at the Wall Street Journal took the results of our just released Elliman Report: The Manhattan Decade 2003-2012 [1] and adjusted them for inflation – showing that housing prices are as affordable as they were in 2004.
Here’s his original story in WSJ “Easing Apartment Pain [3]” [subscription] that goes with the chart.
Article printed from Miller Samuel Real Estate Appraisers & Consultants: http://www.millersamuel.com
URL to article: http://www.millersamuel.com/blog/wsj-live-inflationwatch-why-manhattan-is-a-bargain/28183
URLs in this post:
[1] Elliman Report: The Manhattan Decade 2003-2012: http://www.elliman.com/reports-and-guides/reports/new-york-city/2003-2012-manhattan-decade-report/7-402
[2] Image: http://www.millersamuel.com/files/2013/02/wsj1-31-13ManhattanInflation.jpg
[3] Easing Apartment Pain: http://online.wsj.com/article/SB10001424127887324610504578273941763100014.html?KEYWORDS=josh+barbanel
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