Subject: Re: The Mamdani Effect
Are you stupid?

MORE people are selling. MORE people are LEAVING before the luxury real property market crashes. Getting out while the getting's good.

The people doing the BUYING are people with money and time to burn.

They are long-term investors who can afford to wait out the Mamdani catastrophe and hopefully an eventual bounce-back when he's gone.

They are SPECULATORS and risk-takers.

Probably a lot of whales from China and Macau and Saudi Arabia.