Exactly. All the well paid white collar professionals have dumped a fat pile of money onto the housing market in any given urban area. Before you needed to be

Exactly. All the well paid white collar professionals have dumped a fat pile of money onto the housing market in any given urban area. Before you needed to be fabulously wealthy to own real property in Manhattan. Now you need to be fabulously wealthy to own real property within an hour of Manhattan (though there's probably a few edge cases)