Deciding when to buy property in Manhattan is a personal decision that depends on several factors, including your financial situation, lifestyle goals, and the current state of the real estate market. Here are some factors to consider when deciding if it’s time to buy property in Manhattan:

• Financial readiness: Buying property in Manhattan is a significant investment that requires financial readiness. You should have a stable income, a good credit score, and enough savings for a down payment, closing costs, and other expenses associated with the purchase.
• Market conditions: The real estate market in Manhattan is dynamic, and the value of properties can fluctuate depending on various factors, such as interest rates, supply and demand, and economic conditions. Research the current market conditions to determine if it’s a good time to buy or wait for a more favorable market.
• Lifestyle goals: Manhattan offers a diverse range of neighborhoods, each with its own character and lifestyle. Consider your lifestyle goals and choose a location that aligns with your preferences, whether it’s proximity to work, schools, entertainment, or cultural attractions.
• Long-term investment: Buying property in Manhattan can be a long-term investment that can appreciate in value over time. If you plan to live in Manhattan for a significant period, buying property can be an excellent way to build equity and financial stability.
• Tax benefits: Homeownership in Manhattan can offer tax benefits, such as mortgage interest deductions and property tax deductions, that can help reduce your overall tax liability.

Ultimately, the decision to buy property in Manhattan depends on your personal circumstances, goals, and priorities. Consider these factors carefully, and work with a knowledgeable real estate agent to make an informed decision.