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Don't Expect a V-Shaped Recovery in Real Estate Prices

 
 
 
 
 
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This is my analysis of the how long it took NYC real estate prices to fully recover after the real estate bust in the late 1980's/early 1990's. The data does not make me very optimistic about the current downturn. This is a must read for anyone who is contemplating buying real estate in the New York metropolitan area.

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07/07/2009

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