Spinoff of lower post. Would it be crazy to look for a "primary as a second home" right now? Obviously rents won't stay low forever, but we really do like having flexibility to move around in the city, perhaps to someplace where DCs will attend ongoing. Do any real estate experts (or not) have thoughts on whether we would just be buying into a bubble out east, and would it make more sense to take advantage of lower NYC prices now in lieu of renting?
Are NYC prices lower? I was under the impression that while rents are down, sale prices aren't noticeably.
you should not buy out east right now, no.
Agree - prices are high and once the city is back in business remote work may not be as viable.