HAMPTONS REAL ESTATE BOOM (fueled by State tax cuts for rich?)
Posted on Jul 19, 2011 6:53pm
"I was astounded by these numbers," said Research Service owner George Simpson. "It looks like the 28-year-old Wall Street guys are back hunting for $3 million houses."
Remind us again why we're giving $5 billion in State tax breaks to millionaires and billionaires while cutting schools, seniors and services for low-income kids at risk of abuse, neglect and homelessness?
Read more: http://www.nypost.com/p/news/local/unreal_estate_market_yFGuki6bpDHQAcRAhySL6L#ixzz1SauMUr3T