What About New York City?

[Jonathan Chan]

Good morning all. I've been reading a lot of articles saying that people are fleeing the cities cheaper places to live. Properties in NYC are discounted 20-30%. I was just curious what your thoughts were on investing in NYC. 

[Steven Foster Wilson]

Originally posted by @Jonathan Chan:

Good morning all. I've been reading a lot of articles saying that people are fleeing the cities cheaper places to live. Properties in NYC are discounted 20-30%. I was just curious what your thoughts were on investing in NYC. 

NYC will always be a hub of international culture, business, and night life. However investing can pose alot of difficulties with high taxes, prices, and landlord tenant laws.