Why are New York Homes So INSANELY Expensive? (NYC & Long Island Explained)

Описание: Ever wonder why a 900-square-foot apartment in Murray Hill costs $1.8 million, or why a 3-bedroom home in Massapequa triggers a massive bidding war with no inspection?

In this video, I am breaking down the cold hard truth behind the New York housing crisis. It isn't just hype, it's a combination of math, geography, and frozen-in-time politics that has created a perfect storm for record breaking prices.

What I Cover:
The Supply vs. Demand Trap: Why 8.8 million people crammed into 300 square miles makes vacant land a thing of the past.

Outdated Zoning Laws: How regulations from 1961 still limit housing density in Brooklyn, Queens, and Long Island today.

The "Island" Problem: Manhattan and Long Island have natural geographic barriers that make land permanent and scarce.

The High-Income Factor: The impact of Wall Street, Big Tech, and the "Hamptons Effect" on local bidding wars.

Taxes & Boards: How the "Mansion Tax" and strict NYC Co-op boards drive up the barrier to entry for buyers.

The Bottom Line: Until zoning changes or we build 500,000+ new units, the fundamental equation of too many people chasing too few homes remains the same. Welcome to New York! It’s always been expensive, but now it’s on steroids.

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