Wednesday, December 31, 2008

Boston and New York prove their resiliency again and again


A recent blog entry on the New York Times website details how three of the nations most resilient colonial cities have managed to survive and thrive over the course of their first 300 years. The reason for Boston’s success: human capital. From day laborers to tech-industry wizards, Boston’s workforce has seen us through our economic trials and tribulations.

Perhaps this history of strength for these cities can help to explain why they are faring the current housing market better than the rest of the country.

View the complete article on NewYorkTimes.com.

For more information on the Boston real estate market, go to Gibson Sotheby's International Realty, Boston's real estate experts.

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