Well, we got the numbers in the top 10 but old money Manhattan is tough to beat…
Manhattan’s got the history and the established old money but I still say the new kids on the block will rule one day…
Most inherited money gets wasted or diluted as it spread across future generations. How many new wealthy people are they creating in NYC? I think the lack of performance by hedge funds is going to put a huge dent in that.
A lot of foreign money still likes the Big Apple though.
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In 2016, Santa Clara county was flat and Marin was falling. So Santa Clara county’s rise in 2017 and 2018 is more a catch-up?
“Prices in San Mateo and San Francisco have risen by 9% and 6.8% respectively compared with the first six months of last year. In Marin, meanwhile, they were down 7.1%, while they were flat in Santa Clara. ”
Question: why are you splitting hairs???