On the Market: Can a $5M. Home Be Reasonable? And How Do We Preserve Funky Stores?

The astronomical sales in Manhattan and the rest of the market are generally thought of as two entirely separate entities, but in the New York Times , Gina Bellafonte that the former clearly influences our perception of the latter: " the markets are clearly related to the extent that the bloated, board game figures that attach to sales in Midtown, or the Upper East Side, or the West Village or TriBeCa, and that receive disproportionate attention, produce a disorienting psychosocial effect, habituating us so that it starts to seem completely reasonable, and modest really, for someone to be spending three or four or even five million dollars on a place to live.

http://observer.com/2015/04/on-the-market-can-a-5m-home-be-reasonable-and-how-do-we-preserve-funky-stores/