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Old 05-15-2021, 12:35 AM   #2178
SebC
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With less than six weeks to New York’s mayoral primaries, two candidates have left themselves electorally vulnerable for vastly underestimating the median cost of buying a home or apartment in Brooklyn.

“In Brooklyn, huh? I don’t know for sure. I would guess it is around $100,000,” Shaun Donovan, the housing and urban development secretary under Barack Obama and housing commissioner under the former New York mayor Mike Bloomberg, told the New York Times.

[...]

In the same set of endorsement-seeking interviews, Ray McGuire, a wealthy former Citigroup executive, guessed that the median sales price was “somewhere in the $80,000 to $90,000 range, if not higher”.

[...]

Brooklyn’s median sales price is
Spoiler!
https://www.theguardian.com/us-news/...-housing-costs

Last edited by SebC; 05-15-2021 at 12:40 AM.
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