Also NYC real estate is a very safe place to park cash. So many properties simpl... | Hacker News

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		briandear on July 8, 2015 \| parent \| context \| favorite \| on: Mapping the U.S. By Property Value Instead of Land... Also NYC real estate is a very safe place to park cash. So many properties simply sit empty.

abandonliberty on July 9, 2015 [–]

I've always wanted a validation of this. Vancouver, Canada supposedly has the same problem.

I have yet to see anything beyond circumstantial evidence.

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