57% of luxury condos in Midtown new york sit vacant. How do are these condos not broken into and looted? I can't imagine feeling comfortable leaving your home vacant for even a month
>>1680222
Because NYC condo buildings have pretty thorough building security, 24hr doormen, etc.
>>1680222
checked
because security, duh
I lived in a luxury condo for a few years and every-fucking-thing required my key card
>>1680222
>t. i've never been in the lobby of an expensive apartment building
>>1680253
true
>>1680222
>looted
For what? The furniture? It's most likely staging furniture that is just used to make the place look nice.
>>1680222
Nice trips.
Property tax on those must be a huge bitch.
>>1680249
>real estate=investment
>non liquid
>drop millions into property and don't have to answer to anyone since the money is right in front of then, yet they have no clue
>>1680704
=)))
>>1680222
It's like breaking into a hotel room. First you need to get into the hotel. Then you need to get past the desk and everyone else. Of course there are cameras.
>>1680704
The old real estate isn't an investment meme!
I'm gonna sit in muh $600 a month apartment forever and watch Muh Index funds grow!!
:) :) :)