Tuesday, November 22, 2011
Real Estate
So, I still need the weekend to do some research. But, I know I want to do my project on New York Real Estate. Either, Alphabet City, Stuy town, Harlem, or an area in Brooklyn like Bensonhurst. What fascinates me about the real estate world in New York City is how volatile the market is. It is a constantly changing market. One minute a minute is nice, the next a bad area, then it is being gentrified again. In order to understand the factors that are causing this transition you need to understand world events influencing immigration, countrywide events that also influence immigration or emigration from the city, and social and economic factors within the city. So, I can't give more of an explanation because I want to do more research on these areas and see what is of the most interest to me. But, for now I can say my paper will be on New York City Real Estate.
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