And it worked in New York. Unfortunately, it's turning now. You know, I asked Ken Griffin about that yesterday about New York, and you Think that that will have an … Real estate has become institutionalized. … But I think you see a lot of these people who are voting for people like Mandami and they think it's just a bunch of rich people losing their money. (04:08–04:11)
CLAIM
Asserts that the real estate industry has become dominated by institutional investors.
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