In this real estate mecca, its skyline in constant flux and whose most famous alumnus Donald Trump is now in the White House, good contacts can open unimaginable doors. “What we are doing here is giving kids a chance to work with us almost like apprentices,” said Bobo. “Real estate is a way out of the ‘hood,” he says. “I’m really excited to learn how the real estate market works,” said Jovani Amaxtal, an 18-year-old philosophy student whose Mexican mother works slicing loaves for street vendors. The price of a square meter of real estate in the Bronx is US$3,081: the average annual income of a family is US$35,176.

Source: New Strait Times March 09, 2018 06:56 UTC