As Goes London, So Goes NYC

At least under Bloomberg policies. This city is becoming completely unaffordable even for many two income professional families.  I hope deBlasio is able to turn the tide a bit so working people can afford to live here.

Hollowing Out

It'll be quite interesting to see what London is like 10 years from now. It is basically unaffordable for almost everybody who didn't buy property awhile ago.

http://www.eschatonblog.com/2013/10/hollowing-out.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FbRuz+%28Eschaton%29

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