NEW YORK CITY—Is the city in another bubble? In the latest installment of the Knakal News Network, Massey Knakal chairman Robert Knakal looks at the underlying fundamentals to figure out just how 2014 will shape up.
It's always about how supply meets up with demand, Knakal reminds. And there is a good amount of supply that's expected to come online this year. However, "demand is excessive," says Knakal, and so there does not seem to be a let up in buying. Knakal then looks at the impact of Federal and local taxes on demand, and concludes the video by examining the likelihood of an interest rate increase during the year.
To watch the full video, "Factors to Look at in 2014," click here. For other episodes of the Knakal News Network, click here.
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Geoffery Metz
Geoffery Metz is the content manager for ALM's GlobeSt.com, Credit Union Times and Treasury & Risk. Before joining ALM, he spent several years overseeing the newsroom at the financial wire service Business Wire, with special focus on multimedia presentation for the web.
