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Re: Is Jersey City Real Estate in a bubble?
#1
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Quote:

SRhia wrote:
Given the recent shakiness of the chinese economy, it's also possible that you'll see more chinese people moving their money out of china, to other "safe havens".

At least that's what I would do if I were in china. It's history does not bode well for it's potential future.


My suspicion is that people who could move money would have moved already. Capital flight seems to have accelerated over last few years. Moreover, there is no liquidity in Chinese assets as of now, so it is hard for them to get out of there anymore

Posted on: 2015/8/14 18:03
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Re: Is Jersey City Real Estate in a bubble?
#2
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How much of the buying over last 3-5 years in NYC metro area is by foreigners, especially China, Brazil, Australia, Canada and Middle East? If it is significant then I think the price raises aren?t going to be happening anymore. These countries seem to be going into pretty bad economic cycle.

Posted on: 2015/8/14 12:42
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Re: Hearing set for $10M plan to connect Downtown Jersey City to Liberty State Park
#3
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I am totally for this.
There are number of neighborhoods in southern tip of Jersey City and Bayonne that don?t have access to HBLR and use public transportation/shuttles to PATH. This bridge would make their access to PATH easier. Also, makes Bergen Lafayette neighborhood connected with downtown.

Posted on: 2015/6/18 17:32
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What's going on on south of the new Berry Lane Park?
#4
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I see lot of work activity east of Garfield Ave, west of Cavens Point dr, North of Bay view Ave and south of the Berry Lane Park? Does anyone know what is going on there?

Posted on: 2015/4/5 23:36
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