November 18, 2015 | Commercial Observer | Robert Knakal
In last week’s column, I discussed several factors market
participants take into consideration to determine whether they are
optimistic or pessimistic about how the investment sales market in New
York City is doing today and its performance moving forward. In addition
to many local metrics, there are several macroeconomic factors that are
helping to shape those opinions, such as the national debt, unfunded
obligations, inflation, consumer confidence/spending, housing, GDP
growth, interest rates and unemployment.
This overview led to several emails asking for additional insight on these factors. Here goes...
Click here for full article