Everything Bubble
ECB Admits: “We’re the Magic People” in a Clown Show
by Don Quijones • • 43 Comments
Mergers Collapse, Bubble Deflates, Debris Hits Hedge Funds
by Wolf Richter • • 70 Comments
Another Asset Bubble Cracks: Art Sales Plunge
by Wolf Richter • • 81 Comments
Manhattan Luxury Condo Sales & Prices Fall
by Wolf Richter • • 25 Comments
In Lower Manhattan, 31 towers with over 5,000 apartments are sprouting up. They’re not exactly in the “affordable” category. The median price for condos – half sell for more, half sell for less – has soared 77% since 2013, to $2.43 million, while the median price in the overall Manhattan condo market has shot up…