Congress and the White House recently settled on an economic stimulus package with unusual speed, pushing the throttle to pull the economy out of a nosedive. Is this just election-year grandstanding, or does economic stimulus really work? And if it can work, what works best?
February 9, 2008
I've been away from the keyboards this week, working with some foreign investors looking for a building to buy. It's the kind of work that takes a bit more shoe leather than condo sales, so my time has been stretched a bit thin. My assessment of the market right now is that despite the uncertainty about the economy, it has once again heated up in Manhattan. "IntoTheBox" posted the piece featured here on the strength of the Euro and how it's influencing real property sales in New York City. I'm curious to know what our readers think of the work on this site.