A decade out from the financial crisis, housing affordability remains a thorny challenge in New York City. More investor purchases, fewer young homeowners and the threat of foreclosures are just a few of the factors affecting the city’s housing market, according to the Center for NYC Neighborhoods’ October report. In the post-crisis period, the number of homes purchased by investors annually has doubled, eating into the options available for prospective homeowners, the report said. A […]
source https://therealdeal.com/2018/10/26/these-are-the-main-challenges-to-housing-affordability-in-new-york/
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