Housing Collapse Makes Real Estate More Affordable to Millionaires


Brownstoner celebrates the dip in local real estate prices caused by our housing price collapse. The Park Slope brownstone that was going for $2,990,000 six months ago? Slashed to $2.8 million! And there’s a building in Crown Heights that you can get for (just barely) under a million.

We hope word gets out to this YouTube poster, who is sharing a tiny apartment with two roommates who sleep in bunk beds. Better days are coming, nicxjustice. Hang in there.


This article from the Village Voice Archive was posted on January 2, 2009

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