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Originally Posted by chassis
Using the NYC example, do you also have comments about the trend in the suburbs (Westchester County, western CT and northern NJ)?
Has anyone looked at the recent US Federal government housing data for price and volume? And separate data for consumer credit? Use the tools on the FRED site.
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I don’t. I’m not an expert so the statements above are just from what I have gathered from various sources. Every market is different and there are even sub-markets. NorCal is not like NYC but I can’t see why it won’t go through the same thing by early next year.