Submitted by psychothumbs t3_10vaui5 in nyc
glmory t1_j7j5glq wrote
Reply to comment by capttony84 in Why Rival Sides In The Housing Crisis Plaguing NYC Are Considering Peace by psychothumbs
New buildings don’t lower prices because they are cheap. They lower prices because the residents of those new buildings are no longer trying to out bid you for your home.
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