According to the graph in the article, NYC is doing about average, and LA/SF are the other front-runners.

ro_bit 8 minutes ago | parent | next [-]

SF will recover after a few more AI billboards

freedomben an hour ago | parent | prev [-]

It will be interesting to see how that changes with mamdani. Depending on who you ask, it will either bring in the Utopia or it will be a devastating waste, but very few people expect not much to change.

Thing is, it takes years to move so it will be a while until we see the results. Regardless of which side you tend to be on, it seems like it will be a useful experiment!

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burritoAlPast0r 35 minutes ago | parent | next [-]

"Regardless of which side you tend to be on, it seems like it will be a useful experiment!"

I strongly disagree.

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jonfromsf 31 minutes ago | parent | prev [-]

Mamdani is going to destroy the entire pre-1974 multifamily housing stock of the 5 boroughs. It will happen really quickly (values already down 40%, 11% of owners are behind on their mortgages).

	▲	zbentley 7 minutes ago \| parent \| next [-]
		Even if (a big ‘if’) that’s true, how is stock being destroyed? Investment returns maybe, but not supply.
	▲	garbawarb 28 minutes ago \| parent \| prev [-]
		How will he do that?