Why It's Not All About Location, Location, Location

The video discusses the historic growth in New York City, highlighting its population and job creation. It explores the shift in real estate dynamics from location to product focus, emphasizing the expansion of office spaces in Manhattan and Brooklyn. The potential impact of Brexit on the UK and global property markets is analyzed, with New York City possibly benefiting from investment shifts. The video also examines the influence of Asian markets, particularly Chinese investors, in New York's real estate sector.

What was a significant factor in New York City's recent economic growth?

• Increase in local taxes

• Reduction in population

• Growth in the tourism sector

• Job creation in 2014 and 2015

What is the new focus in New York's real estate market?

• Size, size, size

• Location, location, location

• Product, product, product

• Price, price, price

How has Brooklyn's office space changed in recent years?

• It has remained the same

• It has decreased significantly

• It has moved to Queens

• It has become an extension of Manhattan

What might be a consequence of the UK leaving the EU according to the discussion?

• Increased investment in the UK

• Investors avoiding the UK

• Decrease in global market diversity

• Stability in the UK market

Which group is noted as a strong presence in New York's real estate market?

• Canadian investors

• Indian investors

• Japanese investors

• Australian investors