We've got a recession, the worst housing market in [26 years / since the depression / ever - depending on who you ask], the worst profits out of wall street maybe ever (a number of banks reported first ever losses), law firms that were jacking up salaries to get associates now laying those same associates off, and horrible, horible consumer confidence, and someone is SURPRISED that bachelor pads in the city aren't selling?
Bachelor pads and other one bedrooms are usually the worst to get hit in crashes because few people "need" them.
Wall Street has lost a ton of money, and the bankers themselves are only beginning to feel the pain. Who actually thinks that there are any 25 year old bankers with enough job security to buy an apartment these days?
We've got a recession, the worst housing market in [26 years / since the depression / ever - depending on who you ask], the worst profits out of wall street maybe ever (a number of banks reported first ever losses), law firms that were jacking up salaries to get associates now laying those same associates off, and horrible, horible consumer confidence, and someone is SURPRISED that bachelor pads in the city aren't selling?
Bachelor pads and other one bedrooms are usually the worst to get hit in crashes because few people "need" them.
Wall Street has lost a ton of money, and the bankers themselves are only beginning to feel the pain. Who actually thinks that there are any 25 year old bankers with enough job security to buy an apartment these days?