I did a live segment on Bloomberg TV talking about the mix of Wall Street bonuses as they relate to the Manhattan housing market, as well as the state of housing in general. I was interviewed by Deirdre Bolton, who always does a great job.
The basic premise was – incomes are down, layoffs continue and recession has no short term end in sight, is it therefore reasonable to anticipate weaker price trends in the near term?
Admittedly, it’s tough to get up at 4:15am to do a 6:40am segment but Deirdre has to get up at 2am so I have no right to complain.
Plus, I was able to snag some free Fig Newtons in their cafeteria. Funny thing was that as I was waiting in the green room to go on, I thought about the fact it was St. Patrick’s Day and I didn’t wear green and the Bloomberg green room was actually red and pink. In fact, I have never been in a green room that was green. Go figure.