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- Jul 18, 2012
I dont agree that NYC real estate will appreciate the next 5 years. I also no ZILCH about the market there lol but I know half of Philly/NYC is moving to the beach and snatching up all the good stuff I can imagine real estate values in NYC/San Fran/LA plummeting with so much more work being done remotely$150k off the selling price over a 5 year lease is $2500 a month which I assume is pretty decent depending on the area of nyc. But if you're wanting to get out of the city then whats the point unless they let you sublease. If your still gonna live in the same location for another 5 years might as well hold the house, probably be worth more than you're asking currently.