Will it bounce back? I hope so... although I have a few friends living there, I cannot get a real feel for how the situation is currently. Dh and I had to leave NYC almost 5yrs ago, for a great career opportunity. We both miss it, lived there almost 3 decades. The plan was to buy or rent an apartments I could move back full time and then he’d join me in a couple of years (kids are in college) of course COVID has paused everything... last time I was in the city was late February.
I have read several articles, is it really getting bad? Seems it is no longer safe and although I understand that COVID and the economic crisis have certainly contributed, I wonder what real New Yorkers think. Apartment prices seem to be going down (I keep an eye on streeteasy) still, they seem to get sold/rented after only days on the market often.
Honestly just trying to find out what the deal is, what do you foresee? I’d like to move back, just not sure what it would look like going forward.