Hamptons Sales slowdown and an update on Airbnb - a podcast by Vince Rocco

from 2018-07-31T07:00

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At this hour: The bubbly may be flowing in the Hamptons this summer, but the property market is flat.
In the second quarter this year, sales in the Hamptons slumped 12.8 percent, according to Douglas Elliman’s latest market report. It marked the first year-over-year decline since 2016.
Also at this hour: With many college students recently graduating, so many are actively searching for an affordable place to live in NYC. The good news for recent college graduates is that the city is home to plenty of employment opportunities. On the other hand, the availability of affordable housing is not so abundant, as rent has increased by nearly four percent each year.
Where will they go? We will discuss.

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