Forum Archive

http://biz.yahoo.com/ap/071024/economy.html

To paraphrase the article

“The slowdown in sales meant that the inventory of unsold homes rose to 4.4 million units in September. At the September sales pace, it would take 10.5 months to eliminate the overhang of unsold homes, a record length of time.”

Due to the fact that “Prime Brooklyn” (you know the neighborhoods I mean) doesn’t really have “inventory problem”
Do you think this part of town will really see negative affects from this housing problem?