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8 New York Cities Where Home Prices Are Crashing in 2025 The New York housing market is cracking — months before the new mayor even takes office. In this video, we break down the pattern that has already begun reshaping the Empire State: from rising inventories and vanishing buyers to policies that could freeze the market in place. With Zohran Mamdani elected as the next mayor, the city’s new housing plan — focused on rent freezes and higher property taxes — has sparked panic among investors and homeowners alike. What was once the most resilient real estate market in America is now showing all the signs of a structural correction. We’ll show you the 8 New York regions where prices are already melting: from Manhattan’s luxury slowdown to the suburban saturation of Westchester, Long Island, and New Jersey. Buyers are disappearing, listings are piling up, and the same story that played out in Vegas (2006), Phoenix (2008), and San Diego (2011) is repeating itself — only this time, the epicenter is New York. Discover where the cracks are forming first: – luxury condos with high carrying costs; – overbuilt rental markets in Queens and Brooklyn; – suburban expansions that absorbed too much post-pandemic demand; – and the policy shock now chilling investor confidence. From rent control promises to property tax hikes, Mamdani’s plan aims to deliver affordability — but may trigger the opposite. Analysts warn: when investors flee, construction halts… and supply freezes in place. That’s how a correction begins — not with panic, but with silence. We’ll walk through the same 7 stages that defined every major housing collapse: accelerated appreciation, eroding affordability, swelling inventory, cooling sales, selective price cuts, financial stress, and eventual liquidation. Right now, New York sits between Stage 3 and Stage 4 — inventory swelling and sales cooling. The question isn’t if prices will adjust… but how far the cycle will go before stability returns. TIMESTAMPS: 📍 00:00 — Introduction: Zohran Mamdani’s victory, rent-freeze proposal, and the shock hitting investors 📍 01:00 — The 7-Stage Housing Collapse Model: Vegas 2006 → Phoenix 2008 → San Diego 2011 → Now New York 2025 📍 02:00 — Where New York stands today: Between Stage 3 (inventory swelling) and Stage 4 (cooling sales) 📍 03:00 — #8 Staten Island: once the city’s refuge — sales −17%, inventory +23%, insurance costs rising 📍 04:30 — #7 The Bronx: crime up 9%, listings +26%, early price drops as families and investors leave 📍 06:00 — #6 Queens: oversupply in LIC & Astoria, vacancies hit record highs, developers pause projects 📍 07:30 — #5 Brooklyn: correction deepens — sales down 31%, inventory +27%, rents flat, Airbnb restrictions loom 📍 09:00 — Quick Check: If you’re here, double-check your subscription — it helps the channel reach more people 📍 09:20 — #4 Westchester County: suburban squeeze — taxes and insurance rising, demand cooling fast 📍 10:40 — #3 Long Island: post-pandemic hangover — inventory +27%, maintenance +20%, buyers retreat 📍 12:00 — #2 Northern New Jersey: spillover stress — overpopulation, traffic, higher crime, cooling market 📍 13:30 — #1 Manhattan: luxury market fatigue — listings +24%, vacancies 11%, silent correction underway 📍 15:00 — Lessons from Vegas, Phoenix & San Diego: how excess turns into correction 📍 15:30 — Owner & Investor Playbook: cut costs, buy time, price to clear before 2026 📍 16:00 — Conclusion: the silence before the next wave — New York’s correction has begun #NewYorkHousing #NYCRealEstate #HousingCollapse #MarketCorrection #RealEstateInvesting #NewYorkCrash #Keynomics #HousingCycle #MamdaniPlan #RentFreeze #PropertyTaxHike