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While the dollar has fallen to new lows against most major foreign currencies, most foreign investors have shied away from investing in American real estate due to the subprime mortgage crisis. Furthermore, the subprime problems are the second major financial crisis in less than a decade that has as its root cause a lack of adequate government regulation and oversight. Hence the large number of economic analysts that have argued foreigners have grown understandably wary of U.S. markets. While... Read Full Post

There are few places on earth that can be compared to New York City. Living here is like nothing else – both in the positive and negative senses of the phrase. The full reality of the situation often doesn't hit those planning on living in the city until they go about looking for a home to call their own. Unless you are used to being a buyer or renter in the Paris or Tokyo real estate markets, it's going to take some time to get used to New York's more challenging real estate eccentricities... Read Full Post

Sometimes renting a New York City apartment is easy. Usually, however, it takes up a good amount of time and effort. The only way to guarantee that it won't be a hassle is to be willing to pay a whole lot more money than most people. But since that is usually not an option, here are a few tips that should make the whole process quicker, easier and more productive. Start asking people you know. In a lot of ways we are victims of our own delusions about markets. When it comes to job searches, i... Read Full Post

Real estate is a transforming business. While many industries have been effected by the growth of the internet and web-based advertising, online marketing is uniquely powerful for the real estate industry. During the 2004-05 period, for instance, online real estate advertising grew at a level that that outstripped the growth of online advertising in general. Revenue from online real estate adverts grew about 42%, from $1.2 to $1.7 billion. The volume of online marketing is even expected to so... Read Full Post

New York City is one of the most difficult real estate markets to navigate in the world. Its awe-inspiring size combines with its many idiosyncrasies and unique real estate market dynamics to overwhelm even experienced home buyers. Of the many important details about the New York City real estate market, the co-ops are perhaps the most unique. Though their strict standards for accepting new residents into their buildings have saved New York City a good deal of the turmoil that most of the res... Read Full Post

Economists in the government are some of the most callous people in the world. When calculating inflation, they take out changes in food and fuel in order to stabilize the monthly and annual inflation numbers. The numbers in this “core index” are then bandied about across the media as the true inflation rate. That may work well and fine for your favorite international corporation operating out the local Death Star, but for regular people, food and fuel are some of the biggest parts of the... Read Full Post

New York University has long attracted students with its excellent location in the center Greenwich Village. However, as numerous disappointed freshmen will attest, more and more of their housing and even classrooms are located in different areas of the city. The university recently even started housing students on the other side of the river in Brooklyn. Add to this NYU's student housing in Chinatown, and the picture of the urbane school in Bob Dylan's old stomping grounds becomes more and m... Read Full Post

Most people under thirty planning on moving to New York City approach finding an apartment to rent the same way they usually find a job, car, bike, or even a date: they go on Craigslist. More often than not, though, the notoriously difficult New York City rental market breaks the will of these go-it-aloners like a sadistic, push-up happy drill sergeant does his cadets. The biggest factor in any rental market is inventory. For those that don't know, inventory in regards to rental markets means... Read Full Post