Manhattan's median rents for February 2022 were a record $3700 a month. The recovery in rents happened faster than I expected, but when digging into macro and micro forces, it's actually pretty obvious why in hindsight.

0:00 Intro
1:00 Macro forces
1:47 NYC pricing history
2:19 Local microeconomic forces
3:00 4 local reasons
4:30 WOMB

Resources cited in this video:
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I get a tiny commission for the links to buy these books:
Antifragile by Nassim Nicholas Taleb: [ Ссылка ]
The Changing World Order by Ray Dalio: [ Ссылка ]

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